A.G. Barr plc 6.5% Potential Decrease Indicated by Barclays Capital

Broker Ratings
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A.G. Barr plc using EPIC/TICKER code (LON:BAG) has had its stock rating noted as ‘Reiterates’ 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 520 GBX on its stock. This would indicate that the analyst believes there is a downside of -6.5% from today’s opening price of 556 GBX. Over the last 30 and 90 trading days the company share price has decreased 15 points and decreased 306 points respectively. The 1 year high for the share price is 980 GBX while the year low stock price is currently 551.58 GBX.

A.G. Barr plc has a 50 day moving average of 622.27 GBX and a 200 day moving average of 774.87. There are currently 112,784,643 shares in issue with the average daily volume traded being 354,482. Market capitalisation for LON:BAG is £629,338,307 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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