tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

A.G. BARR Chair Mark Allen Steps Down as Board Launches Successor Search

Story Highlights
  • A.G. BARR’s chair Mark Allen OBE has resigned immediately to focus on his expanded role at Hilton Food Group.
  • The board has begun an independent search for a new chair, naming interim leadership as the company readies key trading updates.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
A.G. BARR Chair Mark Allen Steps Down as Board Launches Successor Search

Claim 70% Off TipRanks Premium

AG Barr ( (GB:BAG) ) has issued an update.

A.G. BARR has announced that Mark Allen OBE has stepped down with immediate effect from his roles as non-executive chair and director in order to concentrate on his expanded executive chair position at Hilton Food Group. The board has launched an independent search for a new non-executive chair, appointing senior independent director Susan Barratt as interim chair and non-executive director Louise Smalley as interim senior independent director, while stressing that Allen leaves the company in a strong strategic and operational position as it prepares to issue a trading update for the year to 31 January 2026 and final results in March.

The most recent analyst rating on (GB:BAG) stock is a Buy with a £697.00 price target. To see the full list of analyst forecasts on AG Barr stock, see the GB:BAG Stock Forecast page.

Spark’s Take on GB:BAG Stock

According to Spark, TipRanks’ AI Analyst, GB:BAG is a Outperform.

AG Barr’s strong financial performance and positive corporate events are offset by bearish technical indicators. The company’s valuation is fair, and the dividend yield adds to its attractiveness. The lack of earnings call data means this component is excluded from the analysis.

To see Spark’s full report on GB:BAG stock, click here.

More about AG Barr

A.G. BARR is a UK-based multi-beverage producer best known for brands such as IRN-BRU, Rubicon, Boost and Funkin, operating in the soft drinks and drinks mixer market with a portfolio of market-leading labels across the UK.

Average Trading Volume: 129,026

Technical Sentiment Signal: Hold

Current Market Cap: £686.4M

Find detailed analytics on BAG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1