A.G. Barr plc (BAG) Receives “Overweight” Rating from Barclays PLC

Barclays PLC restated their overweight rating on shares of A.G. Barr plc (LON:BAG) in a research report sent to investors on Wednesday morning. Barclays PLC currently has a GBX 560 ($7.31) price target on the stock.

A number of other analysts have also recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on A.G. Barr plc from GBX 570 ($7.44) to GBX 550 ($7.18) and set an overweight rating for the company in a research report on Wednesday. N+1 Singer reissued a sell rating and set a GBX 475 ($6.20) price objective on shares of A.G. Barr plc in a research report on Tuesday. Numis Securities Ltd raised A.G. Barr plc to an add rating and set a GBX 551 ($7.19) price objective for the company in a research report on Tuesday, September 13th. Berenberg Bank cut A.G. Barr plc to a sell rating and cut their price objective for the stock from GBX 530 ($6.92) to GBX 470 ($6.13) in a research report on Friday, August 12th. Finally, Societe Generale cut their price objective on A.G. Barr plc from GBX 550 ($7.18) to GBX 523 ($6.83) and set a hold rating for the company in a research report on Wednesday, August 3rd. Three research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 552.60 ($7.21).

Shares of A.G. Barr plc (LON:BAG) traded up 1.88% on Wednesday, hitting GBX 514.00. The stock had a trading volume of 154,588 shares. The firm’s 50-day moving average is GBX 511.73 and its 200 day moving average is GBX 525.07. The stock’s market cap is GBX 593.74 million. A.G. Barr plc has a 1-year low of GBX 455.30 and a 1-year high of GBX 614.50.

The business also recently disclosed a dividend, which will be paid on Friday, October 21st. Stockholders of record on Thursday, October 6th will be paid a GBX 3.53 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, October 6th. This represents a dividend yield of 0.68%.

A.G. Barr plc Company Profile

A.G. BARR p.l.c. is a United Kingdom-based branded soft drinks business. The Company is engaged in making, marketing and selling soft drinks brands in the United Kingdom. The Company operates through three segments: Carbonates, Still drinks and water, and Other, including ice-cream. The Carbonates segment includes the Company’s carbonate products, such as the Barr range of flavored carbonates.

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