A.G. BARR's (BAG) "House Stock" Rating Reiterated at Shore Capital

Key Points

• A.G. BARR has had its "house stock" rating reaffirmed by Shore Capital, indicating continued confidence in the company's performance.
• Peel Hunt also reissued a "buy" rating for A.G. BARR, setting a price target of GBX 750 ($10.02) per share.
• Insider purchases of A.G. BARR's stock totaling 233 shares valued at $161,486 in the last quarter suggest strong internal confidence in the company's future.

Shore Capital reiterated their house stock rating on shares of A.G. BARR (LON:BAG - Free Report) in a report published on Tuesday,Digital Look reports.

Separately, Peel Hunt reiterated a "buy" rating and issued a GBX 750 ($9.94) price objective on shares of A.G. BARR in a report on Tuesday.

A.G. BARR Price Performance

A.G. BARR stock traded down GBX 5 ($0.07) during trading hours on Tuesday, reaching GBX 680 ($9.02). 165,489 shares of the stock were exchanged, compared to its average volume of 189,433. The company has a market cap of £759.86 million, a P/E ratio of 20.91, a price-to-earnings-growth 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. A.G. BARR has a twelve month low of GBX 555 ($7.36) and a twelve month high of GBX 728 ($9.65). The stock has a 50 day moving average of GBX 690.58 and a two-hundred day moving average of GBX 655.05.

Insider Buying and Selling at A.G. BARR

In other A.G. BARR news, insider Stuart Lorimer acquired 126 shares of the business's stock in a transaction dated Friday, June 6th. The stock was bought at an average price of GBX 691 ($9.16) per share, with a total value of £870.66 ($1,154.42). Insiders bought 233 shares of company stock worth $161,486 in the last quarter. Corporate insiders own 23.13% of the company's stock.

A.G. BARR Company Profile

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.