Deutsche Bank Aktiengesellschaft Reiterates “Buy” Rating for British American Tobacco (LON:BATS)

British American Tobacco (LON:BATS)‘s stock had its “buy” rating restated by analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday,Digital Look reports. They presently have a GBX 5,100 price target on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 13.76% from the company’s previous close.

Other equities analysts also recently issued reports about the stock. Jefferies Financial Group increased their price objective 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. 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. Four investment analysts have rated the stock with a Buy rating, one has issued 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 price target of GBX 4,791.67.

British American Tobacco Stock Performance

Shares of BATS opened at GBX 4,483 on Friday. British American Tobacco has a 12 month low of GBX 3,677 and a 12 month high of GBX 5,368. The firm has a fifty day simple moving average of GBX 4,578.18 and a 200 day simple moving average of GBX 4,469.48. The stock has a market capitalization of £90.85 billion, a price-to-earnings ratio of 12.84, a PEG ratio of 3.12 and a beta of 0.13. The company has a current ratio of 0.87, a quick ratio of 0.47 and a debt-to-equity ratio of 74.60.

British American Tobacco (LON:BATS) last released 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 30.23% and a return on equity of 16.33%. Research analysts forecast that British American Tobacco will post 361.5079365 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Tadeu Marroco purchased 6,036 shares of the company’s stock in a transaction on Friday, May 8th. The shares were purchased at an average cost of GBX 4,426 per share, with a total value of £267,153.36. Also, insider Serpil Timuray purchased 47 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was purchased at an average price of GBX 4,372 per share, with a total value of £2,054.84. Over the last 90 days, insiders have purchased 11,506 shares of company stock worth $50,267,032. 0.12% of the stock is owned by corporate insiders.

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.