Deutsche Bank Aktiengesellschaft Reaffirms Buy Rating for British American Tobacco (LON:BATS)

British American Tobacco (LON:BATS)‘s stock had its “buy” rating restated by analysts at Deutsche Bank Aktiengesellschaft in a report released on Thursday, Digital Look reports. They currently have a GBX 5,100 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 27.09% from the company’s current price.

A number of other brokerages have also recently issued reports on BATS. Royal Bank Of Canada upped their target price on British American Tobacco from GBX 3,600 to GBX 3,800 and gave the stock an “underperform” rating in a research report on Tuesday, August 11th. Jefferies Financial Group lifted their price target on shares of British American Tobacco from GBX 5,200 to GBX 5,500 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 4,875.

British American Tobacco Price Performance

LON BATS opened at GBX 4,013 on Thursday. British American Tobacco has a fifty-two week low of GBX 3,677 and a fifty-two week high of GBX 5,368. The stock’s 50-day moving average is GBX 4,215.35 and its two-hundred day moving average is GBX 4,394.14. The firm has a market cap of £86.43 billion, a P/E ratio of 13.80, a price-to-earnings-growth ratio of 3.12 and a beta of 0.11. The company has a debt-to-equity ratio of 72.48, a current ratio of 0.84 and a quick ratio of 0.47.

British American Tobacco (LON:BATS) last released its quarterly 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 anticipate that British American Tobacco will post 361.5079365 earnings per share for the current fiscal year.

Insider Activity

In other British American Tobacco news, insider Tadeu Marroco bought 377 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was purchased at an average price of GBX 4,214 per share, for a total transaction of £15,886.78. Also, insider Matthew Wright bought 5,500 shares of the stock in a transaction on Monday, August 3rd. The stock was acquired at an average cost of GBX 4,500 per share, for a total transaction of £247,500. Insiders have purchased a total of 5,884 shares of company stock valued at $26,368,612 in the last three months. 0.12% of the stock is owned by insiders.

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.