British American Tobacco (NYSE:BTI) Now Covered by Analysts at Jefferies Financial Group

Jefferies Financial Group initiated coverage on shares of British American Tobacco (NYSE:BTI - Get Free Report) in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. The brokerage set a "buy" rating on the stock.

BTI has been the subject of several other research reports. Wall Street Zen cut shares of British American Tobacco from a "buy" rating to a "hold" rating in a report on Sunday, July 6th. Bank of America began coverage on shares of British American Tobacco in a report on Wednesday, April 30th. They set a "buy" rating for the company. Finally, Barclays reiterated an "overweight" rating on shares of British American Tobacco in a report on Friday, June 13th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $33.00.

British American Tobacco Stock Up 0.7%

NYSE BTI traded up $0.35 on Wednesday, hitting $51.17. 7,858,501 shares of the stock were exchanged, compared to its average volume of 5,286,749. The company has a quick ratio of 0.52, a current ratio of 0.76 and a debt-to-equity ratio of 0.65. British American Tobacco has a fifty-two week low of $31.92 and a fifty-two week high of $51.35. The company has a market cap of $105.55 billion, a PE ratio of 10.51, a PEG ratio of 4.71 and a beta of 0.33. The company has a 50-day moving average price of $46.36 and a 200-day moving average price of $42.03.

Institutional Trading of British American Tobacco

Institutional investors and hedge funds have recently bought and sold shares of the business. Rosenberg Matthew Hamilton raised its position in British American Tobacco by 87.0% in the 1st quarter. Rosenberg Matthew Hamilton now owns 602 shares of the company's stock valued at $25,000 after purchasing an additional 280 shares during the last quarter. Golden State Wealth Management LLC raised its position in British American Tobacco by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 610 shares of the company's stock valued at $25,000 after purchasing an additional 305 shares during the last quarter. Financial Management Professionals Inc. raised its position in British American Tobacco by 78.5% in the 1st quarter. Financial Management Professionals Inc. now owns 632 shares of the company's stock valued at $26,000 after purchasing an additional 278 shares during the last quarter. Mather Group LLC. raised its position in British American Tobacco by 292.7% in the 1st quarter. Mather Group LLC. now owns 644 shares of the company's stock valued at $27,000 after purchasing an additional 480 shares during the last quarter. Finally, Ameriflex Group Inc. purchased a new stake in British American Tobacco in the 4th quarter valued at $26,000. Hedge funds and other institutional investors own 16.16% of the company's stock.

About British American Tobacco

British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It also offers vapour, heated, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company offers its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Camel, Natural American Spirit, Newport, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi brands.