Insider Buying: British American Tobacco (LON:BATS) Insider Buys £247,500 in Stock

British American Tobacco p.l.c. (LON:BATS) insider Matthew Wright acquired 5,500 shares of the stock in a transaction dated Monday, August 3rd. The shares were bought at an average cost of GBX 4,500 per share, with a total value of £247,500.

British American Tobacco Stock Down 0.3%

Shares of British American Tobacco stock opened at GBX 4,378 on Thursday. The company has a debt-to-equity ratio of 8.31, a quick ratio of 0.47 and a current ratio of 0.84. British American Tobacco p.l.c. has a 52-week low of GBX 3,677 and a 52-week high of GBX 5,368. The firm has a market cap of £88.72 billion, a PE ratio of 15.06, a P/E/G ratio of 3.12 and a beta of 0.13. The business’s 50 day simple moving average is GBX 4,547.43 and its 200 day simple moving average is GBX 4,475.86.

British American Tobacco (LON:BATS) last released its earnings results on Thursday, July 30th. The company reported GBX 203.60 earnings per share (EPS) for the quarter. British American Tobacco had a return on equity of 13.38% and a net margin of 24.99%. On average, analysts predict that British American Tobacco p.l.c. will post 361.5079365 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BATS has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 5,100 target price on shares of British American Tobacco in a research note on Friday, July 31st. Jefferies Financial Group increased their price target on British American Tobacco from GBX 5,200 to GBX 5,500 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, UBS Group reaffirmed a “buy” rating and set a GBX 5,750 price target on shares of British American Tobacco in a report on Friday, May 29th. Four equities research 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’s stock. According to MarketBeat, British American Tobacco has an average rating of “Moderate Buy” and an average price target of GBX 4,791.67.

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.