British American Tobacco p.l.c. (LON:BATS) Insider Soraya Benchikh Acquires 55 Shares

Key Points

• Soraya Benchikh, an insider at British American Tobacco, purchased 55 shares at an average price of GBX 4,131, totaling approximately £2,272.05, highlighting insider confidence in the stock.
• British American Tobacco's stock traded slightly upward by 0.1% to GBX 4,189.36 during recent trading, with a total market capitalization of £92.17 billion.
• Analysts have raised target prices for BATS stock, with Jefferies Financial Group setting a new target at GBX 5,200, indicating a bullish sentiment among investment analysts regarding the company's prospects.

British American Tobacco p.l.c. (LON:BATS - Get Free Report) insider Soraya Benchikh bought 55 shares of the firm's stock in a transaction dated Monday, August 4th. The shares were acquired at an average cost of GBX 4,131 ($55.56) per share, with a total value of £2,272.05 ($3,055.88).

Soraya Benchikh also recently made the following trade(s):

• On Wednesday, August 6th, Soraya Benchikh acquired 3 shares of British American Tobacco stock. The stock was purchased at an average cost of GBX 4,207 ($56.58) per share, with a total value of £126.21 ($169.75).
• On Wednesday, July 2nd, Soraya Benchikh acquired 4 shares of British American Tobacco stock. The stock was purchased at an average cost of GBX 3,427 ($46.09) per share, with a total value of £137.08 ($184.37).
• On Wednesday, June 4th, Soraya Benchikh acquired 5 shares of British American Tobacco stock. The stock was purchased at an average cost of GBX 3,378 ($45.43) per share, with a total value of £168.90 ($227.17).
• On Wednesday, May 7th, Soraya Benchikh acquired 4 shares of British American Tobacco stock. The stock was purchased at an average cost of GBX 3,320 ($44.65) per share, with a total value of £132.80 ($178.61).

British American Tobacco Stock Performance

BATS traded up GBX 39 ($0.52) during midday trading on Friday, reaching GBX 4,228 ($56.87). The company had a trading volume of 3,284,708 shares, compared to its average volume of 10,394,089. 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 stock has a market cap of £93.02 billion, a PE ratio of -6.82, a P/E/G ratio of 3.12 and a beta of 0.27. British American Tobacco p.l.c. has a 12-month low of GBX 2,556.23 ($34.38) and a 12-month high of GBX 4,244 ($57.08). The business has a 50-day moving average price of GBX 3,711.57 and a two-hundred day moving average price of GBX 3,356.01.

British American Tobacco (LON:BATS - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported GBX 162.90 ($2.19) EPS for the quarter. British American Tobacco had a negative net margin of 52.84% and a negative return on equity of 25.94%. On average, sell-side analysts expect that British American Tobacco p.l.c. will post 361.5079365 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on BATS shares. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a GBX 3,000 ($40.35) price objective on shares of British American Tobacco in a research report on Friday, August 1st. Jefferies Financial Group upped their price objective on shares of British American Tobacco from GBX 4,800 ($64.56) to GBX 5,200 ($69.94) and gave the stock a "buy" rating in a research report on Tuesday. Citigroup reiterated a "buy" rating on shares of British American Tobacco in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of British American Tobacco from GBX 4,200 ($56.49) to GBX 4,400 ($59.18) and gave the company a "buy" rating in a research note on Thursday, July 31st. Finally, JPMorgan Chase & Co. boosted their target price on shares of British American Tobacco from GBX 2,800 ($37.66) to GBX 3,300 ($44.38) and gave the company a "neutral" rating in a research note on Monday, August 4th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, British American Tobacco has a consensus rating of "Moderate Buy" and an average price target of GBX 3,960 ($53.26).

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.