A.G. BARR (LON:BAG) Earns Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of A.G. BARR (LON:BAG) in a research report sent to investors on Friday,Digital Look reports. The brokerage currently has a GBX 800 price target on the stock.

A number of other equities research analysts have also issued reports on BAG. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 760 price target on shares of A.G. BARR in a research note on Wednesday, July 30th. Shore Capital reaffirmed a “house stock” rating on shares of A.G. BARR in a research note on Tuesday, July 29th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 750 target price on shares of A.G. BARR in a research note on Tuesday, September 30th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 770.

A.G. BARR Price Performance

Shares of LON:BAG opened at GBX 678 on Friday. The company has a debt-to-equity ratio of 2.62, a current ratio of 1.87 and a quick ratio of 1.99. A.G. BARR has a 1-year low of GBX 555 and a 1-year high of GBX 728. The company has a market capitalization of £754.19 million, a P/E ratio of 1,565.10, a P/E/G ratio of 1.36 and a beta of 0.38. The firm’s 50 day simple moving average is GBX 687.06 and its two-hundred day simple moving average is GBX 681.41.

A.G. BARR (LON:BAG) last announced its quarterly earnings data on Tuesday, September 30th. The company reported GBX 24.90 earnings per share (EPS) for the quarter. A.G. BARR had a net margin of 8.81% and a return on equity of 12.27%. Research analysts expect that A.G. BARR will post 43.7109104 EPS for the current fiscal year.

A.G. BARR Company Profile

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.