Key Points
- British American Tobacco insider Javed Iqbal bought 3 shares on June 3 at an average price of GBX 4,400 each, totaling £132.
- The stock was trading down 1.9% and opened at GBX 4,319.65, near the middle of its 52-week range of GBX 3,389 to GBX 5,326.
- Analysts remain generally positive, with a Moderate Buy consensus and an average target price of GBX 4,708.33; UBS and Jefferies both reiterated buy ratings with higher price targets.
British American Tobacco p.l.c. (LON:BATS - Get Free Report) insider Javed Iqbal bought 3 shares of British American Tobacco stock in a transaction dated Wednesday, June 3rd. The stock was acquired at an average cost of GBX 4,400 per share, for a total transaction of £132.
British American Tobacco Stock Down 1.9%
Shares of British American Tobacco stock opened at GBX 4,319.65 on Friday. British American Tobacco p.l.c. has a 1 year low of GBX 3,389 and a 1 year high of GBX 5,326. The firm has a market cap of £93.47 billion, a price-to-earnings ratio of 12.37, a PEG ratio of 3.12 and a beta of 0.12. The company has a 50-day moving average of GBX 4,461.56 and a 200 day moving average of GBX 4,377.88. The company has a debt-to-equity ratio of 74.60, a current ratio of 0.87 and a quick ratio of 0.47.
Analysts Set New Price Targets
BATS has been the subject of several recent research reports. UBS Group reiterated a "buy" rating and set a GBX 5,750 target price on shares of British American Tobacco in a report on Friday, May 29th. Jefferies Financial Group restated a "buy" rating and issued a GBX 5,200 price target on shares of British American Tobacco in a research note 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's stock. Based on data from MarketBeat, British American Tobacco currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 4,708.33.
Check Out Our Latest Stock Analysis on British American Tobacco
About British American Tobacco
(
Get Free Report)
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.
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