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

British American Tobacco (LON:BATS)‘s stock had its “buy” rating restated by analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Thursday, October 1st, Digital Look reports. They presently have a GBX 5,100 price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 22.57% from the stock’s previous close.

Several other analysts have also issued reports on BATS. Jefferies Financial Group boosted their price target on British American Tobacco from GBX 5,200 to GBX 5,500 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Royal Bank Of Canada raised their price target 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 research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, British American Tobacco currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,875.

British American Tobacco Stock Performance

LON:BATS traded up GBX 77 during mid-day trading on Thursday, reaching GBX 4,161. The company’s stock had a trading volume of 2,964,145 shares, compared to its average volume of 8,335,741. British American Tobacco has a 12-month low of GBX 3,677 and a 12-month high of GBX 5,368. The company has a current ratio of 0.84, a quick ratio of 0.47 and a debt-to-equity ratio of 72.48. The firm’s fifty day moving average price is GBX 4,187.40 and its two-hundred day moving average price is GBX 4,389.32. The stock has a market cap of £89.53 billion, a P/E ratio of 14.31, a PEG ratio of 3.12 and a beta of 0.11.

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

Insiders Place Their Bets

In other British American Tobacco news, insider Tadeu Marroco purchased 377 shares of the business’s stock in a transaction on Monday, August 17th. The shares were bought 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 company’s stock in a transaction dated Monday, August 3rd. The stock was acquired at an average price of GBX 4,500 per share, for a total transaction of £247,500. Insiders bought a total of 5,884 shares of company stock worth $26,368,612 over the last 90 days. Company insiders own 0.12% of the company’s stock.

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.