British American Tobacco p.l.c. (LON:BATS) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of British American Tobacco p.l.c. (LON:BATS – Get Rating) have earned a consensus rating of “Moderate Buy” from the ten analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 3,788 ($47.45).

A number of equities analysts recently weighed in on the stock. Royal Bank of Canada set a GBX 3,500 ($43.84) target price on shares of British American Tobacco in a research note on Friday, February 10th. JPMorgan Chase & Co. downgraded shares of British American Tobacco to a “neutral” rating and lowered their target price for the stock from GBX 3,600 ($45.10) to GBX 3,100 ($38.83) in a research note on Monday, March 13th. Deutsche Bank Aktiengesellschaft set a GBX 4,000 ($50.11) price target on shares of British American Tobacco in a research note on Friday, February 10th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 4,100 ($51.36) price target on shares of British American Tobacco in a research note on Friday, March 24th. Finally, Barclays reaffirmed an “overweight” rating and issued a GBX 4,000 ($50.11) price target on shares of British American Tobacco in a research note on Tuesday, February 14th.

British American Tobacco Price Performance

BATS stock opened at GBX 2,666.50 ($33.40) on Friday. The company has a fifty day moving average price of GBX 2,860.18 and a 200-day moving average price of GBX 3,103.16. The company has a market capitalization of £59.73 billion, a P/E ratio of 913.18, a PEG ratio of 3.58 and a beta of 0.33. British American Tobacco has a 52-week low of GBX 2,643 ($33.11) and a 52-week high of GBX 3,645 ($45.66). The company has a debt-to-equity ratio of 56.98, a quick ratio of 0.47 and a current ratio of 0.86.

Insider Activity

In other news, insider Jack Bowles purchased 1,016 shares of the business’s stock in a transaction that occurred on Friday, May 5th. The shares were acquired at an average cost of GBX 2,885 ($36.14) per share, for a total transaction of £29,311.60 ($36,717.52). In other news, insider Jack Bowles purchased 1,016 shares of the business’s stock in a transaction that occurred on Friday, May 5th. The shares were acquired at an average cost of GBX 2,885 ($36.14) per share, for a total transaction of £29,311.60 ($36,717.52). Also, insider Susan Jane Farr purchased 392 shares of the business’s stock in a transaction that occurred on Wednesday, February 22nd. The shares were purchased at an average price of GBX 3,170 ($39.71) per share, for a total transaction of £12,426.40 ($15,566.08). Insiders acquired 1,423 shares of company stock worth $4,217,915 over the last three months. 7.92% of the stock is currently owned by insiders.

About British American Tobacco

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British American Tobacco p.l.c. provides tobacco and nicotine products to consumers worldwide. It offers vapour, tobacco heating, and modern oral nicotine products; combustible products; and traditional oral products, such as snus and moist snuff. The company offers its products under the Kent, Dunhill, Lucky Strike, Pall Mall, Rothmans, Camel, Newport, Natural American Spirit, being Vapour, THP, and Modern Oral brands.