British American Tobacco’s (BATS) “Buy” Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of British American Tobacco (LON:BATS) in a report published on Monday morning, Marketbeat Ratings reports. They currently have a GBX 3,300 ($40.76) target price on the stock.

British American Tobacco Stock Up 2.2 %

BATS stock opened at GBX 2,360 ($29.15) on Monday. British American Tobacco has a 1-year low of GBX 2,233 ($27.58) and a 1-year high of GBX 3,022.20 ($37.33). The business has a fifty day moving average price of GBX 2,353.59 and a 200-day moving average price of GBX 2,391.51. The company has a debt-to-equity ratio of 75.41, a current ratio of 0.90 and a quick ratio of 0.47. The stock has a market capitalization of £52.63 billion, a P/E ratio of -364.76, a P/E/G ratio of 3.12 and a beta of 0.25.

British American Tobacco Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, September 26th will be paid a GBX 58.88 ($0.73) dividend. The ex-dividend date of this dividend is Thursday, September 26th. This represents a dividend yield of 2.54%. This is a boost from British American Tobacco’s previous dividend of $57.72. British American Tobacco’s payout ratio is currently -3,647.60%.

Insider Transactions at British American Tobacco

In other British American Tobacco news, insider Karen Guerra purchased 4,150 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The stock was purchased at an average price of GBX 2,380 ($29.40) per share, for a total transaction of £98,770 ($121,998.52). Insiders acquired 4,170 shares of company stock worth $9,923,952 over the last quarter. 10.49% of the stock is currently owned by insiders.

British American Tobacco Company Profile

British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It also offers vapour, heated, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company offers its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Camel, Natural American Spirit, Newport, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi brands.