A.G. BARR (LON:BAG) Reaches New 1-Year Low – Here’s Why

A.G. BARR p.l.c. (LON:BAG) shares reached a new 52-week low during trading on Monday . The stock traded as low as GBX 607 and last traded at GBX 609, with a volume of 720163 shares trading hands. The stock had previously closed at GBX 616.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on BAG shares. Berenberg Bank reissued a “buy” rating and set a GBX 800 target price on shares of A.G. BARR in a research report on Monday, April 20th. Shore Capital Group reissued a “house stock” rating on shares of A.G. BARR in a research report on Tuesday, February 3rd. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 777.50.

A.G. BARR Stock Performance

The stock’s 50-day moving average is GBX 644.43 and its 200-day moving average is GBX 649.13. The stock has a market cap of £663.78 million, a price-to-earnings ratio of 14.31, a P/E/G ratio of 1.36 and a beta of 0.37. The company has a current ratio of 1.67, a quick ratio of 1.99 and a debt-to-equity ratio of 14.20.

A.G. BARR (LON:BAG) last posted its earnings results on Tuesday, March 31st. The company reported GBX 42.27 earnings per share (EPS) for the quarter. The firm had revenue of £437.30 million during the quarter. A.G. BARR had a net margin of 10.77% and a return on equity of 14.27%. On average, analysts expect that A.G. BARR p.l.c. will post 43.7109104 EPS for the current year.

Insider Buying and Selling

In other A.G. BARR news, insider Stuart Lorimer sold 105,960 shares of the company’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of GBX 645, for a total value of £683,442. Also, insider Julie A. Barr sold 5,097 shares of the company’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of GBX 645, for a total value of £32,875.65. In the last three months, insiders have purchased 183 shares of company stock valued at $119,755. Corporate insiders own 9.31% of the company’s stock.

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.