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

Key Points

• A.G. BARR crossed above its 200‑day moving average, trading as high as GBX 692 and last at GBX 688.95 on a volume of 2,452,257 versus a 200‑day MA of GBX 662.81.
• Analysts maintain a Buy consensus (three Buy ratings) with a consensus target of GBX 770, and Shore Capital recently reiterated a "house stock" rating.
• The company shows a market cap of £766.37m, a P/E of 15.90 and PEG of 1.36, with solid liquidity (current ratio 1.96) but moderate leverage (debt/equity 1.52) and a low beta (0.34).

A.G. BARR p.l.c. (LON:BAG - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 662.81 and traded as high as GBX 692. A.G. BARR shares last traded at GBX 688.95, with a volume of 2,452,257 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group restated a "house stock" rating on shares of A.G. BARR in a report on Tuesday, February 3rd. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of GBX 770.

A.G. BARR Price Performance

The company has a current ratio of 1.96, a quick ratio of 1.99 and a debt-to-equity ratio of 1.52. The firm has a 50 day moving average price of GBX 654.20 and a 200-day moving average price of GBX 662.81. The firm has a market capitalization of £766.37 million, a P/E ratio of 15.90, a price-to-earnings-growth ratio of 1.36 and a beta of 0.34.

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

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