A.G.BARR PT Raised to GBX 620 (BAG)
Analysts at Investec raised their price objective on shares of A.G.BARR (LON:BAG) from GBX 585 ($9.60) to GBX 620 ($10.18) in a research report issued to clients and investors on Thursday, AnalystRatingsNetwork.com reports. The firm currently has an “add” rating on the stock. Investec’s price objective indicates a potential upside of 0.98% from the company’s current price.
Shares of A.G.BARR (LON:BAG) traded up 0.74% during mid-day trading on Thursday, hitting GBX 614.00. 21,295 shares of the company’s stock traded hands. A.G.BARR has a 52-week low of GBX 494.10 and a 52-week high of GBX 602.00. The stock has a 50-day moving average of GBX 575.8 and a 200-day moving average of GBX 548.6. The company’s market cap is £708.9 million.
BAG has been the subject of a number of other recent research reports. Analysts at Nplus1 Brewin reiterated a “hold” rating on shares of A.G.BARR in a research note to investors on Thursday. They now have a GBX 549 ($9.01) price target on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of A.G.BARR in a research note to investors on Thursday. They now have a GBX 549 ($9.01) price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of A.G.BARR in a research note to investors on Friday, January 17th. They now have a GBX 600 ($9.85) price target on the stock. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 578.44 ($9.50).
A.G. BARR p.l.c., along with its subsidiaries, is a manufacturer, distributor and seller of soft drinks.
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