British American Tobacco plc (LON:BATS) has been given an average recommendation of “Buy” by the eighteen analysts that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 5,632.35 ($73.35).
Several research firms have recently weighed in on BATS. Credit Suisse Group restated an “outperform” rating and set a GBX 6,100 ($79.44) price target on shares of British American Tobacco plc in a report on Tuesday, May 30th. Berenberg Bank reiterated a “buy” rating and issued a GBX 5,670 ($73.84) target price on shares of British American Tobacco plc in a report on Tuesday, May 23rd. Whitman Howard reiterated a “hold” rating and issued a GBX 5,300 ($69.02) target price on shares of British American Tobacco plc in a report on Wednesday, June 14th. Citigroup Inc. reiterated a “buy” rating on shares of British American Tobacco plc in a report on Saturday, May 20th. Finally, UBS AG set a GBX 5,670 ($73.84) target price on British American Tobacco plc and gave the company a “buy” rating in a report on Thursday, July 27th.
Shares of British American Tobacco plc (LON:BATS) traded down 0.97% during midday trading on Monday, reaching GBX 4855.50. 2,779,981 shares of the company’s stock were exchanged. The company’s 50 day moving average is GBX 5,197.73 and its 200-day moving average is GBX 5,230.17. The stock’s market cap is GBX 90.22 billion. British American Tobacco plc has a 12 month low of GBX 2,879.89 and a 12 month high of GBX 5,643.60.
The company also recently announced a dividend, which will be paid on Thursday, September 28th. Stockholders of record on Thursday, August 17th will be given a dividend of GBX 56.50 ($0.74) per share. This represents a dividend yield of 1.06%. The ex-dividend date is Thursday, August 17th.
In other news, insider Alan Davy bought 21 shares of the stock in a transaction dated Monday, July 10th. The shares were bought at an average cost of GBX 5,203 ($67.76) per share, with a total value of £1,092.63 ($1,422.88). Also, insider Jack Bowles bought 9,000 shares of the stock in a transaction dated Friday, June 23rd. The shares were purchased at an average cost of GBX 5,487 ($71.45) per share, for a total transaction of £493,830 ($643,091.55). Insiders have bought 9,029 shares of company stock worth $49,533,494 over the last ninety days.
About British American Tobacco plc
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 plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco plc and related companies with MarketBeat.com's FREE daily email newsletter.