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

A.G. BARR p.l.c. (LON:BAG)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 662.81 and traded as high as GBX 692. A.G. BARR shares last traded at GBX 688.95, with a volume of 2,452,257 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “house stock” rating on shares of A.G. BARR in a report on Tuesday, February 3rd. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, A.G. BARR presently has an average rating of “Buy” and a consensus price target of GBX 770.

A.G. BARR Price Performance

The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.99 and a current ratio of 1.96. The stock’s 50-day moving average is GBX 655.36 and its two-hundred day moving average is GBX 662.95. The stock has a market cap of £758.70 million, a PE ratio of 15.74, a PEG ratio of 1.36 and a beta of 0.34.

About A.G. BARR

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.