British American Tobacco (LON:BATS – Get Free Report) had its price objective upped by analysts at Jefferies Financial Group from GBX 5,200 to GBX 5,500 in a research note issued to investors on Tuesday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s target price suggests a potential upside of 20.92% from the company’s previous close.
Separately, UBS Group restated a “buy” rating and issued a GBX 5,750 price target on shares of British American Tobacco in a research report on Friday, May 29th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, British American Tobacco presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,758.33.
Check Out Our Latest Report on British American Tobacco
British American Tobacco Price Performance
Insider Transactions at British American Tobacco
In related news, insider Tadeu Marroco acquired 5,000 shares of the stock in a transaction on Friday, June 5th. The stock was purchased at an average price of GBX 4,306 per share, for a total transaction of £215,300. Also, insider Serpil Timuray bought 47 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was bought at an average cost of GBX 4,372 per share, with a total value of £2,054.84. In the last three months, insiders have acquired 11,500 shares of company stock worth $50,239,654. Insiders own 0.12% of the company’s stock.
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.
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