Numis Securities Ltd Upgrades A.G.BARR to Add (BAG)
A.G.BARR (LON:BAG) was upgraded by research analysts at Numis Securities Ltd from a “hold” rating to an “add” rating in a report released on Monday, Stock Ratings Network reports. The firm currently has a GBX 578 ($9.26) price objective on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 10.10% from the stock’s previous close.
Shares of A.G.BARR (LON:BAG) opened at 531.00 on Monday. 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 £612.9 million.
A number of other firms have also recently commented on BAG. Analysts at Investec reiterated an “add” rating on shares of A.G.BARR (LON:BAG) in a research note to investors on Monday. They now have a GBX 585 ($9.37) price target on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of A.G.BARR (LON:BAG) in a research note to investors on Monday. They now have a GBX 525 ($8.41) price target on the stock. Finally, analysts at Canaccord Genuity upgraded shares of A.G.BARR (LON:BAG) from a “hold” rating to a “buy” rating in a research note to investors on Monday. They now have a GBX 630 ($10.09) price target on the stock, up previously from GBX 570 ($9.13).
One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. A.G.BARR presently 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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