A.G. BARR. (BAG.L) 10-01-20
Will A.G. BARR. (BAG.L) fall beyond the 540p support level, or will we see a retest of 686p? (+28%)
- The stock is near support at 540p, now trading at 532.51p (at time of writing).
- Although there has been a small break today, will it prove false?
- Whilst the past does not always repeat itself, the support level has held up well.
- From here, will buying pressure return to drive the price back to 686p? (+28%).
- As always, be aware of news and events that can change the market’s perception of value – this can lead to key levels being broken.
- Shares -45% from 12-month highs; +1% from 12 month lows.
Latest News
09 Jan: Barclays Capital reiterates its underweight rating on Barr (A G) (BAG) and reduced the target price to 460p (from 520p).
08 Oct: Barclays Capital reiterates its underweight rating on Barr (A G) (BAG) and reduced the target price to 520p (from 590p).
24 Sep: Liberum Capital today initiates coverage of Barr (A G) (BAG) with a hold rating and target price of 580p.
08 Aug: Jonathan Kemp, Executive Director, bought 23 shares in the firm on the 7th August 2019 at a price of 664p. This Director currently has 18,856 shares.
08 Aug: Andrew Memmott, Executive Director, bought 23 shares in the firm on the 7th August 2019 at a price of 664p. This Director currently has 110,210 shares.
08 Aug: Roger White, CEO, bought 23 shares in the firm on the 7th August 2019 at a price of 664p. This Director currently has 9,247 shares.
08 Aug: Stuart Lorimer, Financial Director, bought 23 shares in the firm on the 7th August 2019 at a price of 664p. This Director currently has 37,279 shares.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires