A.G. BARR (LON:BAG) Shares Cross Above 200-Day Moving Average – Here’s What Happened

A.G. BARR p.l.c. (LON:BAG)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 685.47 ($9.17) and traded as high as GBX 690 ($9.23). A.G. BARR shares last traded at GBX 681 ($9.11), with a volume of 54,187 shares changing hands.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BAG. Shore Capital reaffirmed a “house stock” rating on shares of A.G. BARR in a research report on Tuesday, July 29th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 750 target price on shares of A.G. BARR in a research report on Tuesday, September 30th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 800 target price on shares of A.G. BARR in a research report on Friday, October 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 760 target price on shares of A.G. BARR in a research report on Wednesday, July 30th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 770.

A.G. BARR Stock Up 0.1%

The company has a current ratio of 1.87, a quick ratio of 1.99 and a debt-to-equity ratio of 2.62. The firm has a market cap of £758.64 million, a P/E ratio of 15.74, a PEG ratio of 1.36 and a beta of 0.38. The company’s 50 day simple moving average is GBX 682.66 and its 200-day simple moving average is GBX 685.47.

A.G. BARR (LON:BAG) last released its quarterly earnings results on Tuesday, September 30th. The company reported GBX 24.90 EPS for the quarter. A.G. BARR had a net margin of 8.81% and a return on equity of 12.27%. Research analysts forecast that A.G. BARR p.l.c. will post 43.7109104 earnings per share for the current fiscal year.

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.