A.G. BARR (LON:BAG) Stock Rating Cut to Hold at Berenberg Bank

Berenberg Bank lowered shares of A.G. BARR (LON:BAG) to a hold rating in a research report sent to investors on Thursday morning,Digital Look reports. They currently have GBX 625 price objective on the stock, down from their prior price objective of GBX 800.

Several other brokerages also recently commented on BAG. Shore Capital Group reiterated a “house stock” rating on shares of A.G. BARR in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 800 price target on shares of A.G. BARR in a report on Wednesday, August 5th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 800 price objective on shares of A.G. BARR in a research report on Tuesday, August 4th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 756.25.

A.G. BARR Trading Down 5.0%

Shares of LON BAG opened at GBX 547 on Thursday. The firm’s 50 day moving average price is GBX 604.71 and its 200-day moving average price is GBX 622.96. A.G. BARR has a 52-week low of GBX 543 and a 52-week high of GBX 715.32. The company has a debt-to-equity ratio of 20.52, a quick ratio of 1.99 and a current ratio of 1.25. The company has a market cap of £607.04 million, a PE ratio of 13.09, a P/E/G ratio of 1.36 and a beta of 0.35.

A.G. BARR (LON:BAG) last announced its quarterly earnings results on Tuesday, September 29th. The company reported GBX 24.99 earnings per share for the quarter. A.G. BARR had a net margin of 10.03% and a return on equity of 13.40%. On average, equities research analysts expect that A.G. BARR will post 43.7109104 EPS 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. Barr strives to grow its business both organically and through targeted acquisition.