Insider Buying: British American Tobacco plc (BATS) Insider Buys 3 Shares of Stock
British American Tobacco plc (LON:BATS) insider Nicandro Durante bought 3 shares of the stock in a transaction on Wednesday, October 5th. The stock was purchased at an average cost of GBX 4,951 ($64.63) per share, for a total transaction of £148.53 ($193.88).
Shares of British American Tobacco plc (LON:BATS) traded up 0.11% during midday trading on Friday, reaching GBX 4868.50. The company’s stock had a trading volume of 2,029,800 shares. The stock’s market capitalization is GBX 90.46 billion. British American Tobacco plc has a 12 month low of GBX 3,536.00 and a 12 month high of GBX 5,135.00. The stock’s 50-day moving average is GBX 4,828.44 and its 200 day moving average is GBX 4,507.46.
The firm also recently declared a dividend, which was paid on Wednesday, September 28th. Stockholders of record on Thursday, August 18th were issued a dividend of GBX 51.30 ($0.67) per share. The ex-dividend date was Thursday, August 18th. This represents a dividend yield of 1.07%.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/07/insider-buying-british-american-tobacco-plc-bats-insider-buys-3-shares-of-stock.html
Several research firms have weighed in on BATS. Independent Research GmbH set a GBX 5,200 ($67.88) target price on British American Tobacco plc and gave the company a “neutral” rating in a report on Wednesday, July 6th. Deutsche Bank AG increased their price objective on British American Tobacco plc from GBX 4,500 ($58.74) to GBX 5,000 ($65.27) and gave the company a “buy” rating in a research note on Wednesday, July 6th. Citigroup Inc. reaffirmed a “buy” rating and set a GBX 5,800 ($75.71) price objective on shares of British American Tobacco plc in a research note on Wednesday, July 6th. Barclays PLC lowered British American Tobacco plc to an “equal weight” rating and increased their price objective for the company from GBX 4,400 ($57.43) to GBX 5,100 ($66.57) in a research note on Friday, July 8th. Finally, BNP Paribas reaffirmed a “neutral” rating and set a GBX 5,000 ($65.27) price objective on shares of British American Tobacco plc in a research note on Friday, July 8th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 4,863.15 ($63.48).
About British American Tobacco plc
British American Tobacco p.l.c. is a tobacco company. The Company is engaged in manufacturing and marketing cigarettes and other tobacco products. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA). The Company’s brands include Dunhill, Kent, Lucky Strike, Pall Mall and Rothmans.
Receive News & Ratings for British American Tobacco plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco plc and related companies with MarketBeat.com's FREE daily email newsletter.