A.G. Barr plc (BAG) Given Consensus Recommendation of “Hold” by Brokerages
A.G. Barr plc (LON:BAG) has been given a consensus recommendation of “Hold” by the eleven brokerages that are currently covering the firm. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 555 ($6.76).
A number of brokerages have recently issued reports on BAG. Societe Generale reduced their price objective on A.G. Barr plc from GBX 550 ($6.70) to GBX 523 ($6.37) and set a “hold” rating for the company in a report on Wednesday, August 3rd. Numis Securities Ltd restated a “hold” rating and set a GBX 551 ($6.72) price objective on shares of A.G. Barr plc in a report on Tuesday, August 2nd. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 600 ($7.31) price objective on shares of A.G. Barr plc in a report on Monday, June 27th. Barclays PLC reiterated an “overweight” rating and issued a GBX 560 ($6.83) price target on shares of A.G. Barr plc in a research note on Wednesday, August 3rd. Finally, N+1 Singer reiterated a “sell” rating and issued a GBX 475 ($5.79) price target on shares of A.G. Barr plc in a research note on Tuesday, September 27th.
A.G. Barr plc (LON:BAG) traded up 0.84% during midday trading on Tuesday, hitting GBX 490.50. The stock had a trading volume of 93,579 shares. A.G. Barr plc has a 1-year low of GBX 455.30 and a 1-year high of GBX 614.50. The stock’s market cap is GBX 568.02 million. The company has a 50-day moving average of GBX 503.40 and a 200-day moving average of GBX 521.92.
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The firm also recently announced a dividend, which will be paid on Friday, October 21st. Shareholders of record on Thursday, October 6th will be paid a dividend of GBX 3.53 ($0.04) per share. This represents a yield of 0.68%. The ex-dividend date of this dividend is Thursday, October 6th.
A.G. Barr plc Company Profile
A.G. BARR p.l.c. is a United Kingdom-based branded soft drinks business. The Company is engaged in making, marketing and selling soft drinks brands in the United Kingdom. The Company operates through three segments: Carbonates, Still drinks and water, and Other, including ice-cream. The Carbonates segment includes the Company’s carbonate products, such as the Barr range of flavored carbonates.
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