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.

ILLEGAL ACTIVITY NOTICE: This piece was first reported by American Banking News and is the property of of American Banking News. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright legislation. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2018/01/29/societe-generale-upgrades-a-g-barr-bag-to-buy.html.

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)

Receive News & Ratings for A.G. Barr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A.G. Barr and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply