A.G. Barr plc 8.7% Potential Decrease Indicated by Berenberg

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 ‘HOLD’ this morning by analysts at Berenberg. A.G. Barr plc are listed in the Consumer Goods sector within UK Main Market. Berenberg have set their target price at 450 GBX on its stock. This indicates the analyst believes there is a potential downside of -8.7% from today’s opening price of 493 GBX. Over the last 30 and 90 trading days the company share price has increased 33 points and decreased 128 points respectively. The 52 week high share price is 980 GBX while the year low stock price is currently 401 GBX.

A.G. Barr plc has a 50 day moving average of 518.82 GBX and a 200 Day Moving Average share price is recorded at 576.46. There are currently 112,028,871 shares in issue with the average daily volume traded being 264,219. Market capitalisation for LON:BAG is £557,343,633 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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