British American Tobacco p.l.c. (LON:BATS) Insider Acquires £2,272.05 in Stock

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 British American Tobacco stock in a transaction dated Monday, August 4th. The stock was acquired at an average cost of GBX 4,131 ($54.90) per share, for a total transaction of £2,272.05 ($3,019.74).

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

• On Wednesday, July 2nd, Soraya Benchikh acquired 4 shares of British American Tobacco stock. The shares were purchased at an average cost of GBX 3,427 ($45.55) per share, for a total transaction of £137.08 ($182.19).
• On Wednesday, June 4th, Soraya Benchikh acquired 5 shares of British American Tobacco stock. The shares were purchased at an average cost of GBX 3,378 ($44.90) per share, for a total transaction of £168.90 ($224.48).
• On Wednesday, May 7th, Soraya Benchikh acquired 4 shares of British American Tobacco stock. The shares were purchased at an average cost of GBX 3,320 ($44.13) per share, for a total transaction of £132.80 ($176.50).

British American Tobacco Stock Up 0.1%

BATS traded up GBX 5.36 ($0.07) during trading on Tuesday, reaching GBX 4,189.36 ($55.68). 4,816,915 shares of the stock were exchanged, compared to its average volume of 10,547,374. The stock has a market cap of £92.17 billion, a P/E ratio of -6.76, a price-to-earnings-growth ratio of 3.12 and a beta of 0.27. British American Tobacco p.l.c. has a twelve month low of GBX 2,556.23 ($33.97) and a twelve month high of GBX 4,228 ($56.19). The stock's 50 day moving average price is GBX 3,640.74 and its two-hundred day moving average price is GBX 3,323.87. The company has a debt-to-equity ratio of 74.63, a quick ratio of 0.47 and a current ratio of 0.88.

British American Tobacco (LON:BATS - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported GBX 162.90 ($2.17) EPS for the quarter. British American Tobacco had a negative net margin of 52.84% and a negative return on equity of 25.94%. Equities analysts expect that British American Tobacco p.l.c. will post 361.5079365 EPS for the current year.

Wall Street Analysts Forecast Growth

BATS has been the topic of several research analyst reports. Jefferies Financial Group raised their target price on shares of British American Tobacco from GBX 4,800 ($63.80) to GBX 5,200 ($69.11) and gave the stock a "buy" rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft raised their target price on shares of British American Tobacco from GBX 4,200 ($55.82) to GBX 4,400 ($58.48) and gave the stock a "buy" rating in a report on Thursday, July 31st. JPMorgan Chase & Co. raised their target price on shares of British American Tobacco from GBX 2,800 ($37.21) to GBX 3,300 ($43.86) and gave the stock a "neutral" rating in a report on Monday. Royal Bank Of Canada restated a "sector perform" rating and set a GBX 3,000 ($39.87) target price on shares of British American Tobacco in a report on Friday. Finally, Citigroup reiterated a "buy" rating on shares of British American Tobacco in a report on Wednesday, July 30th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, British American Tobacco currently has an average rating of "Moderate Buy" and an average price target of GBX 3,960 ($52.63).

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.

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