British American Tobacco (LON:BATS) Given New GBX 3,900 Price Target at Citigroup

British American Tobacco (LON:BATS - Get Free Report) had its price target boosted by research analysts at Citigroup from GBX 3,600 ($48.91) to GBX 3,900 ($52.98) in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The firm presently has a "buy" rating on the stock. Citigroup's price target suggests a potential upside of 3.68% from the company's current price.

British American Tobacco Price Performance

Shares of BATS traded up GBX 54.61 ($0.74) during trading hours on Thursday, reaching GBX 3,761.61 ($51.10). 14,446,896 shares of the stock traded hands, compared to its average volume of 11,350,765. The company has a current ratio of 0.88, a quick ratio of 0.47 and a debt-to-equity ratio of 74.63. British American Tobacco has a 52-week low of GBX 2,228.78 ($30.28) and a 52-week high of GBX 3,788 ($51.46). The company's 50-day moving average price is GBX 3,407.93 and its two-hundred day moving average price is GBX 3,203.72. The company has a market cap of £82.76 billion, a P/E ratio of -6.07, a price-to-earnings-growth ratio of 3.12 and a beta of 0.27.

Insider Buying and Selling at British American Tobacco

In other British American Tobacco news, insider Tadeu Marroco bought 206 shares of British American Tobacco stock in a transaction dated Monday, May 12th. The shares were purchased at an average cost of GBX 3,379 ($45.90) per share, for a total transaction of £6,960.74 ($9,456.24). In the last 90 days, insiders have bought 829 shares of company stock valued at $2,751,446. Insiders own 10.55% 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.