A.G. BARR (LON:BAG) Announces Earnings Results

A.G. BARR (LON:BAG) released its quarterly earnings results on Tuesday. The company reported GBX 24.99 earnings per share for the quarter, Digital Look Earnings reports. A.G. BARR had a net margin of 10.03% and a return on equity of 13.40%.

A.G. BARR Stock Down 5.0%

BAG traded down GBX 29 during trading on Thursday, reaching GBX 547. 25,014,402 shares of the stock were exchanged, compared to its average volume of 2,128,211. The stock has a market cap of £607.04 million, a P/E ratio of 13.09, a price-to-earnings-growth ratio of 1.36 and a beta of 0.35. A.G. BARR has a twelve month low of GBX 543 and a twelve month high of GBX 715.32. The stock’s 50 day moving average price is GBX 604.71 and its two-hundred day moving average price is GBX 622.96. The company has a debt-to-equity ratio of 20.52, a quick ratio of 1.99 and a current ratio of 1.25.

Analyst Ratings Changes

A number of brokerages recently commented on BAG. Peel Hunt restated a “buy” rating and set a GBX 800 price objective on shares of A.G. BARR in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 800 target price on shares of A.G. BARR in a research note on Wednesday, August 5th. Berenberg Bank downgraded A.G. BARR to a “hold” rating and dropped their price target for the company from GBX 800 to GBX 625 in a research note on Thursday. Finally, Shore Capital Group reissued a “house stock” rating on shares of A.G. BARR in a research note on Tuesday, August 4th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 756.25.

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. Barr strives to grow its business both organically and through targeted acquisition.