A.G. BARR (LON:BAG) Stock Passes Above 200 Day Moving Average - Time to Sell?

Key Points

• A.G. BARR shares surpassed their 200-day moving average of GBX 668.12, reaching a high of GBX 693 during trading, with the last traded price at GBX 686.
• Analysts maintain a positive outlook with a consensus "Buy" rating and an average target price of GBX 755, backed by reports from Peel Hunt and Deutsche Bank.
• Insider trading activity includes purchases of 212 shares in the last three months, suggesting confidence in the company's future performance, as insiders own 23.13% of the stock.

A.G. BARR p.l.c. (LON:BAG - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 668.12 ($8.99) and traded as high as GBX 693 ($9.32). A.G. BARR shares last traded at GBX 686 ($9.23), with a volume of 67,837 shares trading hands.

Wall Street Analyst Weigh In

Several analysts have issued reports on BAG shares. Peel Hunt restated a "buy" rating and issued a GBX 750 target price on shares of A.G. BARR in a research note on Tuesday, July 29th. Shore Capital restated a "house stock" rating on shares of A.G. BARR in a research note on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 760 target price on shares of A.G. BARR in a research note on Wednesday, July 30th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, A.G. BARR has a consensus rating of "Buy" and an average target price of GBX 755.

A.G. BARR Stock Performance

The company has a market capitalization of £765.45 million, a PE ratio of 21.06, a PEG ratio of 1.36 and a beta of 0.38. The company has a quick ratio of 1.99, a current ratio of 1.87 and a debt-to-equity ratio of 2.62. The company has a 50-day moving average price of GBX 690.98 and a two-hundred day moving average price of GBX 668.12.

Insider Buying and Selling

In other A.G. BARR news, insider Stuart Lorimer bought 126 shares of A.G. BARR stock in a transaction that occurred on Friday, June 6th. The stock was acquired at an average cost of GBX 691 per share, for a total transaction of £870.66. Insiders bought 212 shares of company stock worth $146,744 in the last three months. 23.13% of the stock is owned by insiders.

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.

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