A.G. BARR (LON:BAG) Receives “House Stock” Rating from Shore Capital

Shore Capital restated their house stock rating on shares of A.G. BARR (LON:BAG) in a report released on Tuesday, Digital Look reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a buy rating and issued a GBX 685 ($9.17) price objective on shares of A.G. BARR in a research note on Thursday, July 4th.

A.G. BARR Stock Up 0.5 %

BAG opened at GBX 628 ($8.41) on Tuesday. The business’s fifty day simple moving average is GBX 640.42 and its 200 day simple moving average is GBX 603.75. The company has a quick ratio of 1.99, a current ratio of 2.09 and a debt-to-equity ratio of 1.67. A.G. BARR has a 52 week low of GBX 472.50 ($6.33) and a 52 week high of GBX 686 ($9.19). The firm has a market cap of £696.95 million, a P/E ratio of 1,847.06, a PEG ratio of 1.36 and a beta of 0.38.

A.G. BARR Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, October 3rd will be issued a dividend of GBX 3.10 ($0.04) per share. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a yield of 0.47%. A.G. BARR’s dividend payout ratio is presently 4,411.76%.

Insiders Place Their Bets

In other news, insider Stuart Lorimer bought 3,925 shares of the firm’s stock in a transaction dated Monday, July 1st. The stock was bought at an average price of GBX 459 ($6.15) per share, for a total transaction of £18,015.75 ($24,123.93). In other A.G. BARR news, insider Stuart Lorimer purchased 3,925 shares of A.G. BARR stock in a transaction on Monday, July 1st. The stock was bought at an average price of GBX 459 ($6.15) per share, for a total transaction of £18,015.75 ($24,123.93). Also, insider Julie A. Barr acquired 34 shares of the company’s stock in a transaction dated Friday, September 6th. The stock was purchased at an average cost of GBX 1,486 ($19.90) per share, for a total transaction of £505.24 ($676.54). Insiders have acquired 4,008 shares of company stock worth $1,882,108 in the last three months. 32.90% of the stock is owned by insiders.

A.G. BARR Company Profile

A.G. BARR p.l.c., together with its subsidiaries, manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally. It operates in three segments: Soft drinks, Cocktail solutions, and Other. The company provides carbonated and flavored soft drinks, brewed drinks, pre-mixed cocktails, mixers, syrups, various fruit purees, boost drinks, energy stimulation drinks, sport drinks, iced coffee, oat drinks, spring and sparkling water, fruit juices, and other non-alcoholic beverages.