Shares of British American Tobacco PLC (NYSE:BTI) hit a new 52-week low on Thursday . The company traded as low as $34.07 and last traded at $34.29, with a volume of 3524078 shares changing hands. The stock had previously closed at $34.24.
A number of brokerages have issued reports on BTI. Jefferies Financial Group cut shares of British American Tobacco to a “buy” rating in a research note on Friday, August 24th. Royal Bank of Canada cut shares of British American Tobacco to an “underperform” rating in a research note on Monday, September 3rd. UBS Group cut shares of British American Tobacco from a “hold” rating to a “sell” rating in a research note on Thursday, October 18th. Zacks Investment Research raised shares of British American Tobacco from a “sell” rating to a “hold” rating in a research note on Wednesday, September 5th. Finally, Sanford C. Bernstein began coverage on shares of British American Tobacco in a research note on Tuesday, October 16th. They issued a “market perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $73.00.
The company has a market cap of $73.71 billion, a PE ratio of 9.16 and a beta of 0.94. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.41 and a current ratio of 0.81.
About British American Tobacco (NYSE:BTI)
British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide. It manufactures vapour and tobacco heating products; oral tobacco and nicotine products, such as snus and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.
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