British American Tobacco (LON:BATS) Price Target Raised to GBX 3,800

British American Tobacco (LON:BATS) had its target price hoisted by Royal Bank Of Canada from GBX 3,600 to GBX 3,800 in a report released on Tuesday,Digital Look reports. The firm currently has an underperform rating on the stock.

BATS has been the subject of several other research reports. Jefferies Financial Group boosted their price objective on British American Tobacco from GBX 5,200 to GBX 5,500 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 5,100 price target on shares of British American Tobacco in a research report on Friday, July 31st. Finally, UBS Group reissued a “buy” rating and issued a GBX 5,750 price objective on shares of British American Tobacco in a research report on Friday, May 29th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 4,858.33.

British American Tobacco Trading Up 2.7%

British American Tobacco stock opened at GBX 4,264 on Tuesday. The company has a debt-to-equity ratio of 72.48, a current ratio of 0.84 and a quick ratio of 0.47. The company has a market capitalization of £91.97 billion, a price-to-earnings ratio of 14.66, a PEG ratio of 3.12 and a beta of 0.13. British American Tobacco has a one year low of GBX 3,677 and a one year high of GBX 5,368. The company’s fifty day moving average price is GBX 4,519.27 and its two-hundred day moving average price is GBX 4,474.97.

British American Tobacco (LON:BATS) last released its quarterly earnings results on Thursday, July 30th. The company reported GBX 203.60 earnings per share (EPS) for the quarter. British American Tobacco had a return on equity of 13.38% and a net margin of 24.99%. On average, analysts forecast that British American Tobacco will post 361.5079365 earnings per share for the current fiscal year.

Insider Buying and Selling at British American Tobacco

In other British American Tobacco news, insider Tadeu Marroco bought 5,000 shares of British American Tobacco stock in a transaction dated Friday, June 5th. The shares were acquired at an average cost of GBX 4,306 per share, with a total value of £215,300. Also, insider Matthew Wright purchased 5,500 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were acquired at an average price of GBX 4,500 per share, for a total transaction of £247,500. Insiders have bought a total of 10,564 shares of company stock worth $46,561,206 over the last ninety days. Corporate insiders own 0.13% of the company’s stock.

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. Our corporate purpose is to build A Better Tomorrow™, reducing the health impact of our business, by offering adult consumers a greater choice of enjoyable and less risky*† products compared to cigarettes.