Societe Generale Upgrades A.G. Barr (BAG) to Buy

A.G. Barr (LON:BAG) was upgraded by Societe Generale to a “buy” rating in a report released on Monday. The brokerage currently has a GBX 758 ($10.28) target price on the stock. Societe Generale’s price objective points to a potential upside of 17.52% from the stock’s current price.

Separately, JPMorgan Chase & Co. raised their target price on shares of A.G. Barr from GBX 610 ($8.27) to GBX 630 ($8.54) and gave the company a “neutral” rating in a report on Tuesday, December 12th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 605.89 ($8.22).

A.G. Barr (LON:BAG) opened at GBX 645 ($8.75) on Monday. A.G. Barr has a fifty-two week low of GBX 495.10 ($6.71) and a fifty-two week high of GBX 685 ($9.29). The firm has a market cap of $744.60 and a price-to-earnings ratio of 2,150.00.

In related news, insider Jonathan David Kemp sold 670 shares of the firm’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of GBX 656 ($8.90), for a total value of £4,395.20 ($5,960.40). Over the last three months, insiders purchased 71 shares of company stock valued at $45,168.

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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.

Analyst Recommendations for A.G. Barr (LON:BAG)

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