Barr (LON:BAG) Rating Reaffirmed
Investec Securities now has a GBX 670.00 target PPS on shares of Barr (LON:BAG). The target PPS may suggest a potential upside of 27.01% from the closing share price of Barr (LON:BAG). This rating was revealed to clients and investors in a recent research report on Thursday, 3 December.
From a total of 7 analysts covering Barr A G PLC (LON:BAG) stock, 1 rate it a ”Buy”, 0 a “Sell”, and 6 a ”Hold”. This means that 14% of the ratings are positive. The highest target price is GBX 670 while the lowest target price is GBX 540. The mean of all analyst targets is GBX 588.57 with a 15.78% above today’s (GBX 527.5) stock price. Barr A G PLC was the topic of 10 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on September 24 with “Equal Weight” rating. N+1 Singer maintained BAG stock in a recent report from September 22 with “Sell” rating. Finally, HSBC maintained the stock with “Hold” rating in a report issued on a September 16.
The stock increased 0.48% or GBX 2.5 on December 3, striking GBX 527.5. Approximately 145,798 shares of stock traded hands or 116.42% up from the average. A.G. Barr plc (LON:BAG) has declined 15.80% since May 6, 2015 and is downtrending. It has underperformed by 15.51% the S&P500.
A.G. BARR p.l.c. is a United Kingdom branded soft drinks business. The company has a market cap of 615.96 million GBP. The Firm is engaged in making, marketing and selling soft drinks brands in the United Kingdom. It has 20.03 P/E ratio. The Firm operates through three divisions: Carbonates, Still drinks and water, and Other, including ice-cream.