AG Barr Successfully Passes All AGM Resolutions

AG Barr ( (GB:BAG) ) just unveiled an update.

AG Barr, a company known for its production of soft drinks, announced that all resolutions proposed at its Annual General Meeting were passed. The resolutions included the approval of audited accounts, directors’ remuneration report, and the declaration of a final dividend. Additionally, several directors were re-elected, and Deloitte LLP was re-appointed as the company’s auditor. The company expressed satisfaction with the support received for the resolutions and plans to update shareholders on engagement regarding one of the resolutions within six months.

The most recent analyst rating on (GB:BAG) stock is a Buy with a £800.00 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 scores highly due to its strong financial performance, with consistent revenue and profit growth. The technical analysis supports a positive outlook, although some caution is advised due to potential overbought conditions. Valuation metrics suggest the stock is fairly priced with an attractive dividend yield. Recent corporate events further bolster confidence in the company’s strategic direction and management commitment.

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

More about AG Barr

Average Trading Volume: 150,002

Technical Sentiment Signal: Buy

Current Market Cap: £775.4M

For a thorough assessment of BAG stock, go to TipRanks’ Stock Analysis page.