A.G. BARR (LON:BAG) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?
by Renee Jackson · The Cerbat GemA.G. BARR p.l.c. (LON:BAG – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 641.81 and traded as high as GBX 648. A.G. BARR shares last traded at GBX 648, with a volume of 6,571,082 shares.
Analysts Set New Price Targets
Separately, Berenberg Bank restated a “buy” rating and set a GBX 800 price objective on shares of A.G. BARR in a research note on Monday, April 20th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 777.50.
Get Our Latest Stock Report on A.G. BARR
A.G. BARR Stock Down 0.4%
The company has a market cap of £706.92 million, a price-to-earnings ratio of 15.24, a price-to-earnings-growth ratio of 1.36 and a beta of 0.35. The stock has a 50-day simple moving average of GBX 629.71 and a 200-day simple moving average of GBX 641.63. The company has a current ratio of 1.67, a quick ratio of 1.99 and a debt-to-equity ratio of 14.20.
A.G. BARR (LON:BAG – Get Free Report) last issued its quarterly earnings results on Tuesday, March 31st. The company reported GBX 42.27 EPS for the quarter. The company had revenue of £437.30 million for the quarter. A.G. BARR had a return on equity of 14.27% and a net margin of 10.77%. As a group, analysts predict that A.G. BARR p.l.c. will post 43.7109104 EPS for the current year.
Insider Buying and Selling at A.G. BARR
In other A.G. BARR news, insider Julie A. Barr sold 5,097 shares of the business’s stock in a transaction dated Monday, April 13th. The shares were sold at an average price of GBX 645, for a total transaction of £32,875.65. Also, insider Euan Sutherland purchased 303 shares of A.G. BARR stock in a transaction dated Monday, June 8th. The stock was bought at an average cost of GBX 614 per share, with a total value of £1,860.42. In the last 90 days, insiders have purchased 469 shares of company stock valued at $290,920. Company insiders own 9.35% of the company’s stock.
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.