British American Tobacco (BATS) Trading Up 0%

British American Tobacco plc (LON:BATS)’s share price was up 0% on Thursday . The company traded as high as GBX 4,961 ($66.33) and last traded at GBX 4,914.50 ($65.71). Approximately 2,754,619 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 3,080,000 shares. The stock had previously closed at GBX 4,914.50 ($65.71).

Several equities analysts recently commented on the stock. Goldman Sachs Group dropped their price target on shares of British American Tobacco from GBX 5,400 ($72.20) to GBX 5,340 ($71.40) and set a “neutral” rating for the company in a research report on Thursday, September 21st. UBS Group set a GBX 5,800 ($77.55) price objective on shares of British American Tobacco and gave the stock a “buy” rating in a research note on Monday, November 13th. Deutsche Bank reiterated a “buy” rating and set a GBX 6,000 ($80.22) price objective on shares of British American Tobacco in a research note on Thursday, October 5th. Citigroup reiterated a “buy” rating and set a GBX 5,800 ($77.55) price objective on shares of British American Tobacco in a research note on Thursday, October 26th. Finally, Berenberg Bank decreased their price objective on shares of British American Tobacco from GBX 5,670 ($75.81) to GBX 5,500 ($73.54) and set a “buy” rating for the company in a research note on Friday, October 6th. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. British American Tobacco currently has an average rating of “Buy” and a consensus target price of GBX 5,628.67 ($75.26).

The company has a market cap of $113,990.00 and a P/E ratio of 2,189.43.

The company also recently announced a dividend, which will be paid on Thursday, February 8th. Stockholders of record on Thursday, December 28th will be paid a GBX 43.60 ($0.58) dividend. The ex-dividend date is Thursday, December 28th. This represents a dividend yield of 0.88%.

In related news, insider Alan Davy acquired 36 shares of British American Tobacco stock in a transaction on Monday, October 9th. The shares were purchased at an average cost of GBX 4,816 ($64.39) per share, for a total transaction of £1,733.76 ($2,318.17). Also, insider Tadeu Marroco acquired 2,980 shares of British American Tobacco stock in a transaction on Friday, November 17th. The shares were bought at an average price of GBX 4,985 ($66.65) per share, for a total transaction of £148,553 ($198,626.82). Over the last 90 days, insiders bought 3,022 shares of company stock valued at $15,058,058 and sold 22,028 shares valued at $108,981,773.

TRADEMARK VIOLATION WARNING: This piece was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.dispatchtribunal.com/2018/01/06/british-american-tobacco-bats-trading-up-0.html.

About British American Tobacco

British American Tobacco p.l.c. is a tobacco and next generation products company. The Company’s tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).

Receive News & Ratings for British American Tobacco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply