A.G. BARR stock gets 8.38% upside target - analyst explains why fizzy drinks beat real estate
Key Points
- A.G. BARR gets a 'buy' rating with an 8.38% target price ups...
When your beverage company gets a thumbs up while a real estate trust gets the cold shoulder, you know it's been an interesting Wednesday in the markets.
Peel Hunt just slapped a "buy" rating on A.G. BARR (LON:BAG) with a GBX 750 target price, suggesting an 8.38% upside from today's GBX 692 trading level. Meanwhile, Nexus Industrial REIT (TSE:NXR.UN) took a 0.3% haircut to C$7.84 after analysts decided its long-term outlook needed a reality check.
When Fizzy Drinks Outshine Buildings
A.G. BARR sports a P/E ratio of 21.28 - which sounds steep until you remember people will keep buying th...
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