Insider Buying: British American Tobacco p.l.c. (LON:BATS) Insider Acquires 4 Shares of Stock

Key Points

• Tadeu Marroco, an insider at British American Tobacco, purchased 4 shares of the company's stock at an average price of GBX 4,207 ($56.20) on August 6th, totaling £168.28 ($224.79).
• British American Tobacco's stock traded down to GBX 4,189 ($55.96) on Thursday, with a trading volume significantly lower than its average.
• Analysts have provided positive ratings for British American Tobacco, with several boosting their price targets and maintaining "buy" ratings, indicating a favorable outlook for the stock.

British American Tobacco p.l.c. (LON:BATS - Get Free Report) insider Tadeu Marroco acquired 4 shares of British American Tobacco stock in a transaction that occurred on Wednesday, August 6th. The stock was acquired at an average cost of GBX 4,207 ($56.58) per share, for a total transaction of £168.28 ($226.33).

Tadeu Marroco also recently made the following trade(s):

• On Monday, August 4th, Tadeu Marroco purchased 396 shares of British American Tobacco stock. The shares were purchased at an average cost of GBX 4,131 ($55.56) per share, for a total transaction of £16,358.76 ($22,002.37).
• On Wednesday, July 2nd, Tadeu Marroco purchased 4 shares of British American Tobacco stock. The shares were purchased at an average cost of GBX 3,427 ($46.09) per share, for a total transaction of £137.08 ($184.37).
• On Wednesday, June 4th, Tadeu Marroco purchased 5 shares of British American Tobacco stock. The shares were purchased at an average cost of GBX 3,378 ($45.43) per share, for a total transaction of £168.90 ($227.17).
• On Monday, May 12th, Tadeu Marroco purchased 206 shares of British American Tobacco stock. The shares were purchased at an average cost of GBX 3,379 ($45.45) per share, for a total transaction of £6,960.74 ($9,362.13).
• On Friday, May 9th, Tadeu Marroco purchased 601 shares of British American Tobacco stock. The shares were purchased at an average cost of GBX 3,296 ($44.33) per share, for a total transaction of £19,808.96 ($26,642.85).

British American Tobacco Stock Performance

Shares of BATS stock traded up GBX 39 ($0.52) during trading hours on Friday, hitting GBX 4,228 ($56.87). 3,284,708 shares of the company were exchanged, compared to its average volume of 10,394,089. The firm has a fifty day simple moving average of GBX 3,711.57 and a 200 day simple moving average of GBX 3,353.27. 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 p.l.c. has a 52-week low of GBX 2,556.23 ($34.38) and a 52-week high of GBX 4,244 ($57.08). The stock has a market capitalization of £93.02 billion, a price-to-earnings ratio of -6.82, a P/E/G ratio of 3.12 and a beta of 0.27.

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

Analysts Set New Price Targets

BATS has been the topic of a number of research analyst reports. Citigroup reissued a "buy" rating on shares of British American Tobacco in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of British American Tobacco from GBX 4,200 ($56.49) to GBX 4,400 ($59.18) and gave the stock a "buy" rating in a research report on Thursday, July 31st. Royal Bank Of Canada reissued a "sector perform" rating and set 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 increased 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. Finally, JPMorgan Chase & Co. increased their price objective on shares of British American Tobacco from GBX 2,800 ($37.66) to GBX 3,300 ($44.38) and gave the stock a "neutral" rating in a research report on Monday, August 4th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 3,960 ($53.26).

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.