A.G. BARR (LON:BAG) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

A.G. BARR p.l.c. (LON:BAG)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 644.94 and traded as low as GBX 610. A.G. BARR shares last traded at GBX 615.03, with a volume of 341,674 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages have commented on BAG. Berenberg Bank reiterated a “buy” rating and issued a GBX 800 price target on shares of A.G. BARR in a research note on Monday, April 20th. Shore Capital Group reiterated a “house stock” rating on shares of A.G. BARR in a research note on Tuesday, February 3rd. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, A.G. BARR has an average rating of “Buy” and an average price target of GBX 777.50.

A.G. BARR Trading Up 1.0%

The company has a debt-to-equity ratio of 14.20, a current ratio of 1.67 and a quick ratio of 1.99. The firm has a market capitalization of £683.61 million, a PE ratio of 14.74, a price-to-earnings-growth ratio of 1.36 and a beta of 0.37. The business’s 50-day moving average price is GBX 632.39 and its 200-day moving average price is GBX 644.94.

A.G. BARR (LON:BAG) last announced its earnings results on Tuesday, March 31st. The company reported GBX 42.27 earnings per share (EPS) for the quarter. The business had revenue of £437.30 million for the quarter. A.G. BARR had a net margin of 10.77% and a return on equity of 14.27%. As a group, analysts expect that A.G. BARR p.l.c. will post 43.7109104 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Stuart Lorimer sold 105,960 shares of the firm’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of GBX 645, for a total transaction of £683,442. Also, insider Julie A. Barr sold 5,097 shares of the firm’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of GBX 645, for a total transaction of £32,875.65. Over the last 90 days, insiders have bought 183 shares of company stock worth $119,755. Insiders own 9.31% of the company’s stock.

A.G. BARR Company Profile

A.G. Barr is a UK-based branded multi beverage business focused on growth and the creation of long-term shareholder value.

Ambitious and value driven, with strong consumer focus, it is a brand owners and builder, offering a diverse and differentiated portfolio of brands that people love.

Established almost 150 years ago in Scotland, now operating across the UK and with export markets throughout the world, A.G. Barr strives to grow its business both organically and through targeted acquisition.