British American Tobacco (LON:BATS) Receives Buy Rating from UBS Group

UBS Group reiterated their buy rating on shares of British American Tobacco (LON:BATS) in a report released on Friday, Marketbeat Ratings reports. They currently have a GBX 5,750 price target on the stock.

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 5,200 target price on shares of British American Tobacco in a report on Thursday, April 16th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,708.33.

British American Tobacco Stock Performance

Shares of BATS opened at GBX 4,591 on Friday. The firm has a market capitalization of £99.34 billion, a P/E ratio of 13.15, a P/E/G ratio of 3.12 and a beta of 0.12. British American Tobacco has a 52 week low of GBX 3,279 and a 52 week high of GBX 5,326. The stock has a 50 day moving average price of GBX 4,450.64 and a two-hundred day moving average price of GBX 4,368.82. The company has a debt-to-equity ratio of 74.60, a quick ratio of 0.47 and a current ratio of 0.87.

Insider Activity at British American Tobacco

In related news, insider Tadeu Marroco acquired 6,036 shares of the stock in a transaction dated Friday, May 8th. The stock was acquired at an average cost of GBX 4,426 per share, for a total transaction of £267,153.36. Also, insider Serpil Timuray bought 47 shares of British American Tobacco stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average cost of GBX 4,372 per share, with a total value of £2,054.84. Over the last 90 days, insiders acquired 6,497 shares of company stock valued at $28,696,866. 0.12% of the stock is owned by insiders.

About British American Tobacco

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.