Matthew Wright Purchases 5,500 Shares of British American Tobacco (LON:BATS) Stock

British American Tobacco p.l.c. (LON:BATS) insider Matthew Wright acquired 5,500 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was acquired at an average cost of GBX 4,500 per share, for a total transaction of £247,500.

British American Tobacco Stock Down 2.5%

Shares of LON BATS traded down GBX 112 during mid-day trading on Monday, reaching GBX 4,458. 3,730,952 shares of the company’s stock traded hands, compared to its average volume of 9,899,103. The stock has a market cap of £90.34 billion, a P/E ratio of 12.77, a PEG ratio of 3.12 and a beta of 0.13. The business has a 50-day simple moving average of GBX 4,572.08 and a 200 day simple moving average of GBX 4,472.61. British American Tobacco p.l.c. has a 1-year low of GBX 3,677 and a 1-year high of GBX 5,368. The company has a debt-to-equity ratio of 8.31, a current ratio of 0.84 and a quick ratio of 0.47.

British American Tobacco (LON:BATS) last posted 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, analysts expect that British American Tobacco p.l.c. will post 361.5079365 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on BATS. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 5,100 price objective on shares of British American Tobacco in a research note on Friday. UBS Group reissued a “buy” rating and set a GBX 5,750 target price on shares of British American Tobacco in a research report on Friday, May 29th. Finally, Jefferies Financial Group boosted their target price on 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. Four investment 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 data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 4,791.67.

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.