A.G. BARR p.l.c. (BAG) Receives Consensus Recommendation of “Hold” from Brokerages
A.G. BARR p.l.c. (LON:BAG) has been given a consensus recommendation of “Hold” by the ten analysts that are currently covering the company, Marketbeat reports. Eight analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 590.22 ($7.94).
A number of research firms have recently issued reports on BAG. Whitman Howard reiterated a “hold” rating and set a GBX 600 ($8.08) price objective on shares of A.G. BARR in a research note on Tuesday, September 26th. J P Morgan Chase & Co lifted their price objective on shares of A.G. BARR from GBX 580 ($7.81) to GBX 610 ($8.21) and gave the company a “neutral” rating in a research note on Wednesday, October 25th. Societe Generale lifted their price objective on shares of A.G. BARR from GBX 630 ($8.48) to GBX 637 ($8.57) and gave the company a “hold” rating in a research note on Wednesday, September 27th. Finally, Numis Securities reiterated an “add” rating and set a GBX 675 ($9.08) price objective on shares of A.G. BARR in a research note on Tuesday, September 26th.
In other news, insider Jonathan David Kemp sold 3,900 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of GBX 616 ($8.29), for a total transaction of £24,024 ($32,333.78). Insiders have bought 65 shares of company stock valued at $40,921 in the last three months.
A.G. BARR Company Profile
A.G. BARR p.l.c. is a United Kingdom-based company, which is involved in soft drinks business. The Company’s segments include carbonates, still drinks and water, and other. Its other segment includes Funkin cocktail solutions, vending machines, ice-cream and other soft drink related items, such as water cups.
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