British American Tobacco (LON:BATS) Given "Buy" Rating at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank reaffirmed its “Buy” rating on British American Tobacco and set a GBX 5,100 price target, implying 23.82% potential upside.
• Analyst sentiment is generally positive: four analysts rate the stock a Buy, one rates it Hold, and one rates it Sell, producing a “Moderate Buy” consensus with an average target of GBX 4,858.33.
• BAT reported quarterly EPS of GBX 203.60, with a 24.99% net margin and 13.38% return on equity; insiders also purchased 5,890 shares worth approximately $26.4 million over the last quarter.

British American Tobacco (LON:BATS - Get Free Report)'s stock had its "buy" rating restated by research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday, London Stock Exchange reports. They currently have a GBX 5,100 price target on the stock. Deutsche Bank Aktiengesellschaft's price objective indicates a potential upside of 23.82% from the stock's current price.

Several other analysts have also issued reports on BATS. UBS Group reaffirmed a "buy" rating and issued a GBX 5,750 target price on shares of British American Tobacco in a research report on Friday, May 29th. Royal Bank Of Canada lifted their price target on shares of British American Tobacco from GBX 3,600 to GBX 3,800 and gave the company an "underperform" rating in a research report on Tuesday, August 11th. Finally, Jefferies Financial Group boosted 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 note on Tuesday, June 23rd. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of GBX 4,858.33.

British American Tobacco Price Performance

BATS stock opened at GBX 4,119 on Friday. British American Tobacco has a 52-week low of GBX 3,677 and a 52-week high of GBX 5,368. The company has a quick ratio of 0.47, a current ratio of 0.84 and a debt-to-equity ratio of 72.48. The stock has a market cap of £88.84 billion, a price-to-earnings ratio of 14.16, a price-to-earnings-growth ratio of 3.12 and a beta of 0.12. The business has a fifty day moving average of GBX 4,409.38 and a two-hundred day moving average of GBX 4,446.20.

British American Tobacco (LON:BATS - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported GBX 203.60 EPS for the quarter. British American Tobacco had a return on equity of 13.38% and a net margin of 24.99%. As a group, research analysts anticipate that British American Tobacco will post 361.5079365 earnings per share for the current year.

Insider Transactions at British American Tobacco

In other British American Tobacco news, insider Matthew Wright purchased 5,500 shares of British American Tobacco stock in a transaction dated Monday, August 3rd. The shares were acquired at an average price of GBX 4,500 per share, with a total value of £247,500. Also, insider Tadeu Marroco acquired 377 shares of the stock in a transaction dated Monday, August 17th. The stock was acquired at an average cost of GBX 4,214 per share, with a total value of £15,886.78. Insiders have acquired 5,890 shares of company stock worth $26,395,990 over the last quarter. Insiders own 0.13% of the company's stock.

About British American Tobacco

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.

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