A.G.BARR’s “Hold” Rating Reaffirmed at N+1 Singer (BAG)
A.G.BARR (LON:BAG)‘s stock had its “hold” rating restated by equities research analysts at N+1 Singer in a research note issued to investors on Thursday, AmericanBankingNews.com reports. They currently have a GBX 549 ($9.01) price objective on the stock. N+1 Singer’s target price would suggest a potential downside of 10.59% from the company’s current price.
A number of other analysts have also recently weighed in on BAG. 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. Separately, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of A.G.BARR in a research note to investors on Friday, December 13th. They now have a GBX 600 ($9.85) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “hold” rating on shares of A.G.BARR in a research note to investors on Thursday, December 5th. They now have a GBX 560 ($9.19) price target on the stock. One analyst has rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 578.44 ($9.50).
Shares of A.G.BARR (LON:BAG) traded up 0.74% on Thursday, hitting GBX 614.00. The stock had a trading volume of 58,730 shares. A.G.BARR has a 52-week low of GBX 494.10 and a 52-week high of GBX 602.00. The stock’s 50-day moving average is GBX 575.8 and its 200-day moving average is GBX 548.6. The company’s market cap is £708.9 million.
A.G. BARR p.l.c., along with its subsidiaries, is a manufacturer, distributor and seller of soft drinks.
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