A.G. Barr plc 8.4% 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 ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Barclays Capital. A.G. Barr plc are listed in the Consumer Goods sector within UK Main Market. Barclays Capital have set a target price of 380 GBX on its stock. This would imply the analyst believes there is a potential downside of -8.4% from today’s opening price of 415 GBX. Over the last 30 and 90 trading days the company share price has decreased 163 points and decreased 155 points respectively. The 52 week high for the stock is 980 GBX while the year low share price is currently 401 GBX.

A.G. Barr plc has a 50 day moving average of 565.71 GBX and a 200 day moving average of 623.66. There are currently 112,028,871 shares in issue with the average daily volume traded being 230,245. Market capitalisation for LON:BAG is £514,212,517 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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