British American Tobacco (LON:BATS) Receives “Buy” Rating from Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of British American Tobacco (LON:BATS) in a research note released on Tuesday morning, MarketBeat Ratings reports. The firm currently has a GBX 5,200 price target on the stock.

Several other equities research analysts have also recently weighed in on BATS. Deutsche Bank Aktiengesellschaft increased their price objective on British American Tobacco from GBX 4,400 to GBX 4,900 and gave the company a “buy” rating in a research report on Friday, November 28th. JPMorgan Chase & Co. increased their price target on shares of British American Tobacco from GBX 3,300 to GBX 4,150 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Finally, Citigroup raised their price target on shares of British American Tobacco from GBX 4,450 to GBX 4,850 and gave the stock a “buy” rating in a research report on Friday, November 28th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of GBX 4,500.

British American Tobacco Trading Down 3.8%

British American Tobacco stock opened at GBX 4,207.91 on Tuesday. The business’s 50-day simple moving average is GBX 4,234.32 and its 200-day simple moving average is GBX 4,083.73. British American Tobacco has a 52 week low of GBX 2,916 and a 52 week high of GBX 4,806. The firm has a market capitalization of £91.41 billion, a PE ratio of 30.21, a PEG ratio of 3.12 and a beta of 0.27. The company has a debt-to-equity ratio of 74.63, a quick ratio of 0.47 and a current ratio of 0.88.

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.