A.G. BARR (LON:BAG) Stock Price Passes Above 200-Day Moving Average - What's Next?

Shares of A.G. BARR p.l.c. (LON:BAG - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 669.70 ($9.05) and traded as high as GBX 689 ($9.31). A.G. BARR shares last traded at GBX 677 ($9.14), with a volume of 560,007 shares trading hands.

Analyst Ratings Changes

Several analysts recently weighed in on BAG shares. Peel Hunt restated a "buy" rating and issued a GBX 750 price objective on shares of A.G. BARR in a report on Tuesday, July 29th. Shore Capital reiterated a "house stock" rating on shares of A.G. BARR in a research note on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated 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 equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, A.G. BARR presently has an average rating of "Buy" and an average price target of GBX 755.

A.G. BARR Trading Up 0.9%

The company has a market capitalization of £776.43 million, a PE ratio of 1,970.08, a PEG ratio of 1.36 and a beta of 0.38. The company has a current ratio of 1.87, a quick ratio of 1.99 and a debt-to-equity ratio of 2.62. The company has a fifty day simple moving average of GBX 691.39 and a 200-day simple moving average of GBX 670.65.

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.