Jefferies Financial Group Reiterates Buy Rating for British American Tobacco (LON:BATS)

British American Tobacco (LON:BATS)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Financial Group in a note issued to investors on Tuesday, Marketbeat.com reports. They presently have a GBX 5,200 price target on the stock. Jefferies Financial Group’s price objective points to a potential upside of 22.41% from the stock’s current price.

A number of other equities research analysts have also recently weighed in on the company. Deutsche Bank Aktiengesellschaft lifted their price target on British American Tobacco from GBX 4,400 to GBX 4,900 and gave the company a “buy” rating in a report on Friday, November 28th. JPMorgan Chase & Co. lifted their target price on British American Tobacco from GBX 3,300 to GBX 4,150 and gave the company a “neutral” rating in a research note on Wednesday, November 26th. Finally, Citigroup boosted their price target on British American Tobacco from GBX 4,450 to GBX 4,850 and gave the stock a “buy” rating in a research report on Friday, November 28th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of GBX 4,500.

British American Tobacco Stock Down 0.2%

BATS stock opened at GBX 4,248 on Tuesday. The stock has a market cap of £92.28 billion, a PE ratio of 30.50, a price-to-earnings-growth ratio of 3.12 and a beta of 0.27. The firm’s 50-day simple moving average is GBX 4,234.46 and its 200 day simple moving average is GBX 4,084.88. British American Tobacco has a fifty-two week low of GBX 2,916 and a fifty-two week high of GBX 4,806. The company has a quick ratio of 0.47, a current ratio of 0.88 and a debt-to-equity ratio of 74.63.

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.