A.G. BARR (LON:BAG) Sets New 52-Week High at $587.00

A.G. BARR p.l.c. (LON:BAG) hit a new 52-week high on Thursday . The company traded as high as GBX 587 ($7.42) and last traded at GBX 586.40 ($7.41), with a volume of 59162 shares trading hands. The stock had previously closed at GBX 580 ($7.33).

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Shore Capital reiterated a “house stock” rating on shares of A.G. BARR in a report on Thursday, February 1st. Barclays upgraded A.G. BARR to an “equal weight” rating and set a GBX 522 ($6.60) target price for the company in a report on Friday, March 8th.

A.G. BARR Price Performance

The company has a market capitalization of £655.43 million, a PE ratio of 1,933.33, a P/E/G ratio of 1.36 and a beta of 0.33. The company has a current ratio of 1.88, a quick ratio of 1.99 and a debt-to-equity ratio of 1.73. The stock has a fifty day simple moving average of GBX 536.82 and a 200-day simple moving average of GBX 513.47.

A.G. BARR Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 7th. Shareholders of record on Thursday, May 9th will be issued a dividend of GBX 12.40 ($0.16) per share. This represents a yield of 2.41%. This is an increase from A.G. BARR’s previous dividend of $2.65. The ex-dividend date is Thursday, May 9th. A.G. BARR’s payout ratio is 4,333.33%.

About A.G. BARR

A.G. BARR p.l.c., together with its subsidiaries, manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally. It provides carbonated and flavored soft drinks, pre-mixed cocktails, fruit juices, spring and sparkling water, fruit puree, oat drinks, boost drinks, iced tea, and other non-alcoholic beverages.