A.G. Barr plc’s “Add” Rating Reaffirmed at Investec (BAG)
A.G. Barr plc (LON:BAG)‘s stock had its “add” rating restated by investment analysts at Investec in a note issued to investors on Tuesday. They currently have a GBX 645 ($10.98) price target on the stock. Investec’s target price would suggest a potential upside of 2.46% from the stock’s previous close.
A.G. Barr plc (LON:BAG) traded down 0.94% on Tuesday, hitting GBX 629.50. The stock had a trading volume of 53,100 shares. A.G. Barr plc has a 1-year low of GBX 497.596 and a 1-year high of GBX 672.00. The stock has a 50-day moving average of GBX 624.6 and a 200-day moving average of GBX 606.0. The company’s market cap is £726.8 million.
A number of other analysts have also recently weighed in on BAG. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of A.G. Barr plc in a research note on Wednesday, June 11th. They now have a GBX 624 ($10.62) price target on the stock. Separately, analysts at N+1 Singer raised their price target on shares of A.G. Barr plc from GBX 667 ($11.35) to GBX 678 ($11.54) in a research note on Tuesday, June 3rd. They now have a “hold” rating on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of A.G. Barr plc in a research note on Tuesday, May 27th. They now have a GBX 600 ($10.21) price target on the stock. One analyst has rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 627.67 ($10.68).
A.G. BARR p.l.c. is a United Kingdom-based company, along with its subsidiaries, is a manufacturer, distributor and seller of soft drinks.
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