British American Tobacco (LON:BATS – Get Free Report)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank Aktiengesellschaft in a report released on Thursday, Digital Look reports. They presently have a GBX 5,100 price objective on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 28.79% from the stock’s previous close.
Other equities analysts have also recently issued reports about the company. Royal Bank Of Canada increased their price target on British American Tobacco from GBX 3,600 to GBX 3,800 and gave the stock an “underperform” rating in a report on Tuesday, August 11th. Jefferies Financial Group boosted their price objective 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. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 4,875.
Read Our Latest Report on British American Tobacco
British American Tobacco Price Performance
British American Tobacco (LON:BATS – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported GBX 203.60 earnings per share (EPS) for the quarter. British American Tobacco had a net margin of 24.99% and a return on equity of 13.38%. As a group, equities research analysts expect that British American Tobacco will post 361.5079365 EPS for the current fiscal year.
Insider Buying and Selling
In related news, insider Tadeu Marroco purchased 377 shares of British American Tobacco stock in a transaction that occurred on Monday, August 17th. The stock was bought at an average cost of GBX 4,214 per share, for a total transaction of £15,886.78. Also, insider Matthew Wright bought 5,500 shares of the business’s 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. Over the last ninety days, insiders have bought 5,884 shares of company stock worth $26,368,612. Corporate insiders own 0.12% of the company’s stock.
Key British American Tobacco News
Here are the key news stories impacting British American Tobacco this week:
- Positive Sentiment: Barclays initiated or reiterated a Buy rating, adding to evidence that analysts view the recent weakness as an opportunity and expect further upside. British American Tobacco Gets a Buy from Barclays
- Positive Sentiment: Jefferies raised its price target from GBX 5,500 to GBX 5,600 and maintained a Buy rating, signaling confidence in BAT’s earnings outlook and recovery prospects. Jefferies Raises British American Tobacco Price Target
- Positive Sentiment: Deutsche Bank reaffirmed its Buy rating with a GBX 5,100 target. The broader analyst consensus remains constructive, with brokerages assigning an average Moderate Buy recommendation. Deutsche Bank Reaffirms Buy Rating
- Positive Sentiment: Coverage focused on BAT’s Horizon 2030 strategy suggests the company may be undervalued if its reduced-risk-product portfolio and long-term transformation deliver as planned. Is British American Tobacco a Bargain After Horizon 2030?
- Neutral Sentiment: BAT’s shares are trading below their 50-day and 200-day moving averages and closer to the bottom of their 12-month range, making valuation and potential recovery key areas of investor attention.
- Negative Sentiment: The introduction of a UK tax on vaping products is weighing on sentiment because it could pressure demand, pricing, or growth in BAT’s next-generation nicotine business. BAT Slips as Vape Tax Lands
- Negative Sentiment: Recent coverage highlights the share-price decline and renewed investor scrutiny, indicating that near-term regulatory concerns are currently overshadowing BAT’s favorable broker commentary. British American Tobacco Shares Dropped
British American Tobacco Company Profile
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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