British American Tobacco p.l.c. provides tobacco and nicotine products to consumers worldwide. It offers vapour, tobacco heating, and modern oral nicotine products; combustible products; and traditional oral products, such as snus and moist snuff. The company offers its products under the Kent, Dunhill, Lucky Strike, Pall Mall, Rothmans, Camel, Newport, Natural American Spirit, being Vapour, THP, and Modern Oral brands. It distributes its products to retail outlets. British American Tobacco p.l.c. was incorporated in 1902 and is headquartered in London, the United Kingdom.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on BATS. Royal Bank of Canada raised their price target on British American Tobacco from GBX 3,100 ($37.46) to GBX 3,500 ($42.29) and gave the company a "sector perform" rating in a report on Thursday, July 28th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 4,000 ($48.33) price target on shares of British American Tobacco in a report on Thursday, July 21st. JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a GBX 4,500 ($54.37) target price on shares of British American Tobacco in a research note on Thursday, July 28th. Morgan Stanley set a GBX 3,780 ($45.67) target price on British American Tobacco in a research note on Tuesday, June 28th. Finally, Barclays reaffirmed an "overweight" rating and set a GBX 4,400 ($53.17) target price on shares of British American Tobacco in a research note on Wednesday, August 3rd. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of GBX 3,997.78 ($48.31).
British American Tobacco Trading Up 1.2 %
Shares of LON:BATS traded up GBX 38.50 ($0.47) during midday trading on Monday, reaching GBX 3,362.50 ($40.63). The company had a trading volume of 806,281 shares, compared to its average volume of 3,803,948. The company has a debt-to-equity ratio of 60.59, a quick ratio of 0.47 and a current ratio of 0.88. British American Tobacco has a 1-year low of GBX 2,507.50 ($30.30) and a 1-year high of GBX 3,645 ($44.04). The firm has a market cap of £75.77 billion and a price-to-earnings ratio of 1,414.47. The company has a fifty day simple moving average of GBX 3,435.74 and a two-hundred day simple moving average of GBX 3,344.37.