British American Tobacco (LON:BATS) Earns “Buy” Rating from Jefferies Financial Group

British American Tobacco (LON:BATSGet Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Jefferies Financial Group in a research report issued on Monday, Digital Look reports. They currently have a GBX 3,300 ($41.08) price objective on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 39.83% from the stock’s current price.

British American Tobacco Price Performance

BATS stock traded up GBX 50 ($0.62) during trading hours on Monday, hitting GBX 2,360 ($29.38). 12,407,568 shares of the stock traded hands, compared to its average volume of 5,518,035. The stock has a 50-day simple moving average of GBX 2,355.09 and a 200 day simple moving average of GBX 2,392.56. British American Tobacco has a one year low of GBX 2,233 ($27.80) and a one year high of GBX 3,022.20 ($37.62). The company has a market cap of £52.63 billion, a P/E ratio of -364.61, a P/E/G ratio of 3.12 and a beta of 0.25. The company has a current ratio of 0.90, a quick ratio of 0.47 and a debt-to-equity ratio of 75.41.

Insider Activity

In other British American Tobacco news, insider Karen Guerra bought 4,150 shares of the stock in a transaction on Wednesday, February 21st. The shares were purchased at an average price of GBX 2,380 ($29.63) per share, with a total value of £98,770 ($122,955.31). In the last quarter, insiders have purchased 4,170 shares of company stock valued at $9,923,952. Insiders own 10.49% of the company’s stock.

About British American Tobacco

(Get Free Report)

British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It also offers vapour, heated, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company offers its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Camel, Natural American Spirit, Newport, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi brands.

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