British American Tobacco (LON:BATS - Free Report) had its price target raised by Deutsche Bank Aktiengesellschaft from GBX 3,800 ($51.63) to GBX 4,200 ($57.07) in a report issued on Friday morning, MarketBeat Ratings reports. They currently have a buy rating on the stock.
Separately, Citigroup raised their price target on British American Tobacco from GBX 3,600 ($48.91) to GBX 3,900 ($52.99) and gave the stock a "buy" rating in a research report on Thursday, July 10th.
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British American Tobacco Price Performance
Shares of BATS stock traded up GBX 67 ($0.91) during trading hours on Friday, hitting GBX 3,913 ($53.17). 2,701,404 shares of the company's stock were exchanged, compared to its average volume of 10,888,373. The stock's 50-day moving average is GBX 3,523.50 and its 200-day moving average is GBX 3,260.93. The company has a debt-to-equity ratio of 74.63, a current ratio of 0.88 and a quick ratio of 0.47. The stock has a market cap of £86.09 billion, a price-to-earnings ratio of -6.31, a price-to-earnings-growth ratio of 3.12 and a beta of 0.27. British American Tobacco has a 52 week low of GBX 2,228.78 ($30.28) and a 52 week high of GBX 3,915 ($53.19).
Insider Activity at British American Tobacco
In other British American Tobacco news, insider Tadeu Marroco purchased 206 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The stock was bought at an average cost of GBX 3,379 ($45.91) per share, with a total value of £6,960.74 ($9,457.53). Insiders purchased 829 shares of company stock worth $2,751,446 over the last three months. Company insiders own 10.55% of the company's stock.
British American Tobacco Company Profile
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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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