British American Tobacco plc (BATS) Trading Up 1.6%
British American Tobacco plc (LON:BATS)’s share price traded up 1.6% during trading on Friday . The company traded as high as GBX 4,811 ($63.81) and last traded at GBX 4,781.50 ($63.42). 4,003,730 shares were traded during mid-day trading, a decline of 25% from the average session volume of 5,325,690 shares. The stock had previously closed at GBX 4,705 ($62.41).
A number of equities analysts recently commented on the company. Jefferies Group LLC decreased their target price on British American Tobacco plc from GBX 6,500 ($86.22) to GBX 6,100 ($80.91) and set a “buy” rating on the stock in a report on Friday. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 6,000 ($79.59) target price on shares of British American Tobacco plc in a report on Thursday. UBS AG set a GBX 5,670 ($75.21) target price on British American Tobacco plc and gave the stock a “buy” rating in a report on Thursday, July 13th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 5,300 ($70.30) target price on shares of British American Tobacco plc in a report on Tuesday, August 15th. Finally, Berenberg Bank decreased their target price on British American Tobacco plc from GBX 5,670 ($75.21) to GBX 5,500 ($72.95) and set a “buy” rating on the stock in a report on Friday. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company. British American Tobacco plc presently has an average rating of “Buy” and an average target price of GBX 5,601.18 ($74.30).
The stock’s market capitalization is GBX 88.84 billion. The stock’s 50 day moving average price is GBX 4,749.34 and its 200 day moving average price is GBX 5,157.70.
The firm also recently disclosed a dividend, which was paid on Thursday, September 28th. Stockholders of record on Thursday, August 17th were given a dividend of GBX 56.50 ($0.75) per share. The ex-dividend date was Thursday, August 17th. This represents a dividend yield of 1.06%.
In related news, insider Alan Davy purchased 21 shares of British American Tobacco plc stock in a transaction dated Monday, July 10th. The stock was acquired at an average cost of GBX 5,203 ($69.01) per share, with a total value of £1,092.63 ($1,449.30). Over the last quarter, insiders acquired 27 shares of company stock valued at $138,123.
British American Tobacco plc Company Profile
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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