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.
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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).
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