A.G. BARR (LON:BAG) Stock Crosses Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• A.G. BARR's stock price crossed above its 200-day moving average, trading at GBX 686 ($9.30), with a peak at GBX 690 ($9.35).
• Analysts maintain a consensus rating of "Buy" for A.G. BARR, with target prices set at GBX 750 and GBX 760 by major firms.
• The company has a market capitalization of £763.09 million and a notable debt-to-equity ratio of 2.62, indicating a significant level of leverage.

A.G. BARR p.l.c. (LON:BAG - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 675.13 ($9.12) and traded as high as GBX 690 ($9.33). A.G. BARR shares last traded at GBX 686 ($9.27), with a volume of 147,992 shares changing hands.

Wall Street Analyst Weigh In

BAG has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 760 target price on shares of A.G. BARR in a research report on Wednesday, July 30th. Peel Hunt reiterated a "buy" rating and issued a GBX 750 price objective on shares of A.G. BARR in a research note on Tuesday, July 29th. Finally, Shore Capital reaffirmed a "house stock" rating on shares of A.G. BARR in a research report on Tuesday, July 29th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of GBX 755.

A.G. BARR Trading Down 0.0%

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 50 day moving average of GBX 692.26 and a 200 day moving average of GBX 677. The firm has a market cap of £753.07 million, a price-to-earnings ratio of 1,910.81, a price-to-earnings-growth ratio of 1.36 and a beta of 0.38.

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.