British American Tobacco (LON:BATS) Price Target Raised to GBX 3,900

British American Tobacco (LON:BATS - Get Free Report) had its target price increased by Citigroup from GBX 3,600 ($48.55) to GBX 3,900 ($52.60) in a research report issued on Thursday, MarketBeat reports. The firm currently has a "buy" rating on the stock. Citigroup's target price indicates a potential upside of 3.68% from the stock's previous close.

British American Tobacco Trading Up 1.5%

Shares of British American Tobacco stock traded up GBX 54.61 ($0.74) on Thursday, hitting GBX 3,761.61 ($50.73). The stock had a trading volume of 14,446,896 shares, compared to its average volume of 11,350,765. British American Tobacco has a twelve month low of GBX 2,228.78 ($30.06) and a twelve month high of GBX 3,788 ($51.09). The company has a debt-to-equity ratio of 74.63, a quick ratio of 0.47 and a current ratio of 0.88. The firm has a market capitalization of £82.76 billion, a P/E ratio of -6.07, a PEG ratio of 3.12 and a beta of 0.27. The stock has a 50 day moving average of GBX 3,418.66 and a 200 day moving average of GBX 3,214.42.

Insider Buying and Selling

In other British American Tobacco news, insider Tadeu Marroco bought 206 shares of the business's stock in a transaction that occurred on Monday, May 12th. The shares were bought at an average price of GBX 3,379 ($45.57) per share, for a total transaction of £6,960.74 ($9,387.38). Insiders have acquired a total of 829 shares of company stock worth $2,751,446 over the last quarter. Corporate insiders own 10.55% 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.