British American Tobacco (LON:BATS) PT Set at GBX 4,000 by JPMorgan Chase & Co.

British American Tobacco (LON:BATSGet Rating) received a GBX 4,000 ($50.98) target price from analysts at JPMorgan Chase & Co. in a report released on Wednesday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 20.48% from the stock’s previous close.

BATS has been the topic of several other research reports. The Goldman Sachs Group set a GBX 3,800 ($48.43) target price on shares of British American Tobacco in a research note on Friday, April 8th. Citigroup reduced their price objective on shares of British American Tobacco from GBX 3,750 ($47.80) to GBX 3,675 ($46.84) and set a “buy” rating for the company in a research report on Tuesday, March 15th. Barclays restated an “overweight” rating on shares of British American Tobacco in a research report on Wednesday, April 20th. Deutsche Bank Aktiengesellschaft set a GBX 4,000 ($50.98) price objective on shares of British American Tobacco in a research report on Monday, February 14th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a GBX 3,100 ($39.51) price objective on shares of British American Tobacco in a research report on Friday, April 1st. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 3,783.89 ($48.23).

British American Tobacco stock opened at GBX 3,320 ($42.31) on Wednesday. The stock has a market cap of £75.82 billion and a price-to-earnings ratio of 11.24. The company has a current ratio of 0.85, a quick ratio of 0.48 and a debt-to-equity ratio of 58.84. The company’s 50-day moving average price is GBX 3,229.60 and its two-hundred day moving average price is GBX 2,944.62. British American Tobacco has a 52 week low of GBX 2,507.50 ($31.96) and a 52 week high of GBX 3,456.50 ($44.05).

In related news, insider Tadeu Marroco sold 8,457 shares of the firm’s stock in a transaction that occurred on Monday, March 28th. The shares were sold at an average price of GBX 3,294 ($41.98), for a total transaction of £278,573.58 ($355,051.72). Over the last 90 days, insiders have purchased 14 shares of company stock valued at $45,156.

British American Tobacco Company Profile (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.

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