A.G.BARR Stock Rating Upgraded by Canaccord Genuity (BAG)
A.G.BARR (LON:BAG) was upgraded by investment analysts at Canaccord Genuity from a “hold” rating to a “buy” rating in a note issued to investors on Monday, StockRatingsNetwork.com reports. The firm currently has a GBX 630 ($10.09) price target on the stock, up from their previous price target of GBX 570 ($9.13). Canaccord Genuity’s target price indicates a potential upside of 20.69% from the stock’s previous close.
A.G.BARR (LON:BAG) traded down 0.57% on Monday, hitting GBX 522.00. The stock had a trading volume of 68,773 shares. A.G.BARR has a 52 week low of GBX 427.70 and a 52 week high of GBX 588.50. The stock’s 50-day moving average is GBX 555.1 and its 200-day moving average is GBX 541.5. The company’s market cap is £602.6 million.
BAG has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “hold” rating on shares of A.G.BARR (LON:BAG) in a research note to investors on Friday. They now have a GBX 560 ($8.97) price target on the stock. Separately, analysts at Societe Generale reiterated a “sell” rating on shares of A.G.BARR (LON:BAG) in a research note to investors on Wednesday, September 18th. They now have a GBX 500 ($8.01) price target on the stock. Finally, analysts at Societe Generale downgraded shares of A.G.BARR (LON:BAG) from a “hold” rating to a “sell” rating in a research note to investors on Tuesday, September 10th. They now have a GBX 500 ($8.01) price target on the stock, down previously from GBX 560 ($8.97).
One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 557.57 ($8.93).
A.G. BARR p.l.c., along with its subsidiaries, is a manufacturer, distributor and seller of soft drinks.
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