Insider Buying: A.G. BARR (LON:BAG) Insider Acquires 24 Shares

A.G. BARR p.l.c. (LON:BAG) insider Euan Sutherland purchased 24 shares of the company’s stock in a transaction dated Monday, September 7th. The stock was purchased at an average price of GBX 604 per share, for a total transaction of £144.96.

Euan Sutherland also recently made the following trade(s):

• On Friday, August 7th, Euan Sutherland acquired 25 shares of A.G. BARR stock. The stock was acquired at an average price of GBX 615 per share, for a total transaction of £153.75.
• On Tuesday, July 7th, Euan Sutherland purchased 23 shares of A.G. BARR stock. The shares were bought at an average cost of GBX 643 per share, with a total value of £147.89.

A.G. BARR Stock Performance

Shares of LON BAG traded down GBX 5 during trading on Tuesday, hitting GBX 598. The company had a trading volume of 126,360 shares, compared to its average volume of 2,158,887. The stock has a 50 day simple moving average of GBX 622.02 and a 200 day simple moving average of GBX 634.95. The firm has a market capitalization of £663.64 million, a P/E ratio of 14.31, a price-to-earnings-growth ratio of 1.36 and a beta of 0.35. A.G. BARR p.l.c. has a 12 month low of GBX 583 and a 12 month high of GBX 715.32. The company has a debt-to-equity ratio of 14.20, a quick ratio of 1.99 and a current ratio of 1.67.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Shore Capital Group reaffirmed a “house stock” rating on shares of A.G. BARR in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 800 target price on shares of A.G. BARR in a research report on Wednesday, August 5th. Berenberg Bank reiterated a “buy” rating and issued a GBX 800 price target on shares of A.G. BARR in a research note on Thursday, August 6th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 800 target price on shares of A.G. BARR in a research report on Tuesday, August 4th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 800.

About A.G. BARR

A.G. Barr is a UK-based branded multi beverage business focused on growth and the creation of long-term shareholder value.

Ambitious and value driven, with strong consumer focus, it is a brand owners and builder, offering a diverse and differentiated portfolio of brands that people love.

Established almost 150 years ago in Scotland, now operating across the UK and with export markets throughout the world, A.G. Barr strives to grow its business both organically and through targeted acquisition.