Berenberg Bank Reiterates “Buy” Rating for A.G. BARR (LON:BAG)

A.G. BARR (LON:BAG)‘s stock had its “buy” rating reaffirmed by Berenberg Bank in a research note issued on Monday,Digital Look reports. They presently have a GBX 800 price target on the stock. Berenberg Bank’s price target suggests a potential upside of 20.85% from the company’s current price.

Separately, Shore Capital Group reissued a “house stock” rating on shares of A.G. BARR in a report on Tuesday, February 3rd. Four analysts have rated the stock with a Buy rating, According to MarketBeat, A.G. BARR presently has a consensus rating of “Buy” and an average price target of GBX 777.50.

A.G. BARR Price Performance

Shares of LON:BAG opened at GBX 662 on Monday. A.G. BARR has a 12 month low of GBX 608 and a 12 month high of GBX 728. The firm has a market capitalization of £734.31 million, a P/E ratio of 15.84, a P/E/G ratio of 1.36 and a beta of 0.40. 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 company’s fifty day moving average price is GBX 660.45 and its 200 day moving average price is GBX 653.87.

A.G. BARR (LON:BAG) last released its quarterly earnings data on Tuesday, March 31st. The company reported GBX 42.27 earnings per share (EPS) for the quarter. The company had revenue of £437.30 million during the quarter. A.G. BARR had a net margin of 10.77% and a return on equity of 14.27%. As a group, sell-side analysts predict that A.G. BARR will post 43.7109104 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other A.G. BARR news, insider Julie A. Barr sold 5,097 shares of the firm’s stock in a transaction on Monday, April 13th. The shares were sold at an average price of GBX 645, for a total transaction of £32,875.65. Also, insider Stuart Lorimer sold 105,960 shares of the firm’s stock in a transaction on Monday, April 13th. The stock was sold at an average price of GBX 645, for a total transaction of £683,442. In the last quarter, insiders have purchased 178 shares of company stock valued at $119,100. 9.31% of the stock is owned by company insiders.

About A.G. BARR

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.