British American Tobacco’s (BATS) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

British American Tobacco (LON:BATS)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Friday, London Stock Exchange reports. They presently have a GBX 5,100 target price on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 23.82% from the company’s previous close.

A number of other brokerages have also weighed in on BATS. UBS Group restated a “buy” rating and issued a GBX 5,750 price objective on shares of British American Tobacco in a report on Friday, May 29th. Jefferies Financial Group boosted their target price on shares of British American Tobacco from GBX 5,200 to GBX 5,500 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Finally, Royal Bank Of Canada increased their target price on British American Tobacco from GBX 3,600 to GBX 3,800 and gave the company an “underperform” rating in a report on Tuesday, August 11th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 4,858.33.

British American Tobacco Stock Down 0.8%

BATS stock opened at GBX 4,119 on Friday. The company’s 50 day moving average price is GBX 4,409.38 and its 200 day moving average price is GBX 4,446.20. The firm has a market capitalization of £88.84 billion, a price-to-earnings ratio of 14.16, a PEG ratio of 3.12 and a beta of 0.12. British American Tobacco has a fifty-two week low of GBX 3,677 and a fifty-two week high of GBX 5,368. The company has a debt-to-equity ratio of 72.48, a quick ratio of 0.47 and a current ratio of 0.84.

British American Tobacco (LON:BATS) last issued its quarterly earnings results on Thursday, July 30th. The company reported GBX 203.60 earnings per share (EPS) for the quarter. British American Tobacco had a net margin of 24.99% and a return on equity of 13.38%. On average, equities research analysts anticipate that British American Tobacco will post 361.5079365 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Tadeu Marroco purchased 377 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were purchased at an average cost of GBX 4,214 per share, for a total transaction of £15,886.78. Also, insider Matthew Wright acquired 5,500 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was bought at an average price of GBX 4,500 per share, with a total value of £247,500. Insiders purchased a total of 5,890 shares of company stock worth $26,395,990 over the last ninety days. Insiders own 0.13% of the company’s stock.

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.