British American Tobacco (LON:BATS) Insider Javed Iqbal Acquires 3 Shares

British American Tobacco p.l.c. (LON:BATS) insider Javed Iqbal acquired 3 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were acquired at an average cost of GBX 4,563 per share, for a total transaction of £136.89.

Javed Iqbal also recently made the following trade(s):

• On Wednesday, June 3rd, Javed Iqbal bought 3 shares of British American Tobacco stock. The shares were acquired at an average price of GBX 4,400 per share, with a total value of £132.

British American Tobacco Stock Down 0.9%

BATS stock opened at GBX 4,591 on Friday. British American Tobacco p.l.c. has a twelve month low of GBX 3,508 and a twelve month high of GBX 5,326. The company has a quick ratio of 0.47, a current ratio of 0.87 and a debt-to-equity ratio of 74.60. The firm has a market cap of £99.23 billion, a PE ratio of 13.15, a price-to-earnings-growth ratio of 3.12 and a beta of 0.12. The business has a 50 day moving average of GBX 4,558.35 and a 200 day moving average of GBX 4,415.20.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. UBS Group restated a “buy” rating and set a GBX 5,750 price objective on shares of British American Tobacco in a research note on Friday, May 29th. Jefferies Financial Group raised their price target on shares of British American Tobacco from GBX 5,200 to GBX 5,500 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 4,758.33.

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.