A.G. BARR (LON:BAG) Reaches New 1-Year High at $650.00

Shares of A.G. BARR p.l.c. (LON:BAG) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 650 ($8.45) and last traded at GBX 648.44 ($8.43), with a volume of 40625 shares. The stock had previously closed at GBX 646 ($8.39).

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 685 ($8.90) price target on shares of A.G. BARR in a research note on Thursday, July 4th. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, A.G. BARR has an average rating of “Moderate Buy” and a consensus target price of GBX 601.75 ($7.82).

A.G. BARR Stock Performance

The stock’s 50-day moving average price is GBX 618.65 and its 200-day moving average price is GBX 582.06. The company has a current ratio of 2.09, a quick ratio of 1.99 and a debt-to-equity ratio of 1.67. The company has a market capitalization of £716.93 million, a P/E ratio of 1,900.00, a P/E/G ratio of 1.36 and a beta of 0.40.

Insider Buying and Selling

In related news, insider Euan Sutherland purchased 11,957 shares of the company’s stock in a transaction dated Monday, June 3rd. The shares were acquired at an average cost of GBX 621 ($8.07) per share, for a total transaction of £74,252.97 ($96,482.55). In other news, insider Stuart Lorimer acquired 3,925 shares of the business’s stock in a transaction that occurred on Monday, July 1st. The shares were purchased at an average cost of GBX 459 ($5.96) per share, for a total transaction of £18,015.75 ($23,409.24). Also, insider Euan Sutherland bought 11,957 shares of the firm’s stock in a transaction on Monday, June 3rd. The stock was purchased at an average price of GBX 621 ($8.07) per share, with a total value of £74,252.97 ($96,482.55). Insiders have acquired a total of 15,968 shares of company stock worth $9,279,377 over the last quarter. 32.90% of the stock is owned by company insiders.

About A.G. BARR

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.