British American Tobacco (LON:BATS) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

British American Tobacco p.l.c. (LON:BATS) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4,107.74 and traded as high as GBX 4,355. British American Tobacco shares last traded at GBX 4,338, with a volume of 8,419,534 shares changing hands.

Analyst Ratings Changes

Several research firms have recently issued reports on BATS. JPMorgan Chase & Co. increased their target price on shares of British American Tobacco from GBX 3,300 to GBX 4,150 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. Citigroup upped their price target on British American Tobacco from GBX 4,450 to GBX 4,850 and gave the stock a “buy” rating in a report on Friday, November 28th. Deutsche Bank Aktiengesellschaft raised their price objective on British American Tobacco from GBX 4,400 to GBX 4,900 and gave the company a “buy” rating in a report on Friday, November 28th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 5,200 price objective on shares of British American Tobacco in a research report on Tuesday, January 20th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of GBX 4,500.

British American Tobacco Price Performance

The company has a debt-to-equity ratio of 74.63, a quick ratio of 0.47 and a current ratio of 0.88. The stock has a market capitalization of £94.17 billion, a PE ratio of 31.12, a price-to-earnings-growth ratio of 3.12 and a beta of 0.27. The stock’s 50 day moving average is GBX 4,251.15 and its two-hundred day moving average is GBX 4,107.74.

About British American Tobacco

BAT was founded in 1902 and was first listed on the London Stock Exchange in 1912. A constituent of the FTSE 100 since its creation in 1984, we have evolved, becoming the only truly global company in our sector.

BAT is transforming and is well positioned with a global footprint and multi-category portfolio. Our corporate purpose is to build A Better Tomorrow™, reducing the health impact of our business, by offering adult consumers a greater choice of enjoyable and less risky*† products compared to cigarettes.