Brokerages Set British American Tobacco p.l.c. (LON:BATS) Price Target at GBX 4,758.33

British American Tobacco p.l.c. (LON:BATS) has earned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 4,758.33.

Several analysts recently commented on the stock. Jefferies Financial Group upped their price target on shares of British American Tobacco from GBX 5,200 to GBX 5,500 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. UBS Group reissued a “buy” rating and set a GBX 5,750 price objective on shares of British American Tobacco in a research report on Friday, May 29th.

British American Tobacco Price Performance

BATS stock opened at GBX 4,660 on Friday. The company has a market capitalization of £94.44 billion, a P/E ratio of 13.35, a PEG ratio of 3.12 and a beta of 0.13. British American Tobacco has a twelve month low of GBX 3,677 and a twelve month high of GBX 5,326. The business has a 50 day simple moving average of GBX 4,618.47 and a 200-day simple moving average of GBX 4,440.46. The company has a current ratio of 0.87, a quick ratio of 0.47 and a debt-to-equity ratio of 74.60.

Insider Activity

In other British American Tobacco news, insider Tadeu Marroco bought 5,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was acquired at an average price of GBX 4,306 per share, for a total transaction of £215,300. Also, insider Serpil Timuray purchased 47 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were bought at an average cost of GBX 4,372 per share, for a total transaction of £2,054.84. Insiders have bought 11,506 shares of company stock valued at $50,267,032 in the last quarter. Insiders own 0.12% of the company’s stock.

British American Tobacco Company Profile

BAT was founded in 1902 and was first listed on the London Stock Exchange in 1912. A constituent of the FTSE 100 since its creation in 1984, we have evolved, becoming the only truly global company in our sector.

BAT is transforming and is well positioned with a global footprint and multi-category portfolio. Our corporate purpose is to build A Better Tomorrow™, reducing the health impact of our business, by offering adult consumers a greater choice of enjoyable and less risky*† products compared to cigarettes.