British American Tobacco (LON:BATS) Sets New 1-Year Low at $2,641.00

British American Tobacco p.l.c. (LON:BATS – Get Rating) hit a new 52-week low on Friday . The company traded as low as GBX 2,641 ($32.85) and last traded at GBX 2,653 ($33.00), with a volume of 261668 shares traded. The stock had previously closed at GBX 2,663 ($33.12).

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on BATS. Jefferies Financial Group restated a “buy” rating and issued a GBX 4,100 ($51.00) price objective on shares of British American Tobacco in a report on Friday, March 24th. Credit Suisse Group set a GBX 3,900 ($48.51) price objective on shares of British American Tobacco in a report on Monday, February 13th. JPMorgan Chase & Co. downgraded shares of British American Tobacco to a “neutral” rating and cut their target price for the stock from GBX 3,600 ($44.78) to GBX 3,100 ($38.56) in a research report on Monday, March 13th. Deutsche Bank Aktiengesellschaft set a GBX 4,000 ($49.75) target price on shares of British American Tobacco in a research report on Friday, February 10th. Finally, Royal Bank of Canada set a GBX 3,500 ($43.53) target price on shares of British American Tobacco in a research report on Friday, February 10th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,788 ($47.11).

British American Tobacco Stock Performance

The business’s 50-day moving average price is GBX 2,837.67 and its 200-day moving average price is GBX 3,084.76. The company has a debt-to-equity ratio of 56.98, a quick ratio of 0.47 and a current ratio of 0.86. The stock has a market cap of £59.53 billion, a P/E ratio of 911.99, a P/E/G ratio of 3.58 and a beta of 0.33.

Insider Activity

In other British American Tobacco news, insider Jack Bowles acquired 1,016 shares of the business’s stock in a transaction dated Friday, May 5th. The stock was purchased at an average price of GBX 2,885 ($35.88) per share, with a total value of £29,311.60 ($36,457.21). Insiders acquired a total of 1,031 shares of company stock valued at $2,975,275 in the last 90 days. Company insiders own 7.92% of the company’s stock.

About British American Tobacco

(Get Rating)

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.