A.G. Barr plc 12.7% Potential Decrease Indicated by Barclays Capital

Broker Ratings
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A.G. Barr plc using EPIC/TICKER code (LON:BAG) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at Barclays Capital. A.G. Barr plc are listed in the Consumer Goods sector within UK Main Market. Barclays Capital have set their target price at 720 GBX on its stock. This would imply the analyst believes there is a potential downside of -12.7% from today’s opening price of 825 GBX. Over the last 30 and 90 trading days the company share price has increased 47 points and increased 33 points respectively. The 1 year high stock price is 825 GBX while the year low stock price is currently 637 GBX.

A.G. Barr plc has a 50 day moving average of 778.88 GBX and a 200 day moving average of 752.51. There are currently 113,804,643 shares in issue with the average daily volume traded being 132,899. Market capitalisation for LON:BAG is £925,231,747 GBP.

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    Jonathan Kemp, Commercial Director at A. G. BARR, will retire in Sept 2024 due to family health reasons. The company will start searching for a successor. David Ritchie will also step down from the Board.
    A G Barr appoints Euan Sutherland as CEO, bringing extensive consumer goods experience to lead the company through its next phase of growth.

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