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 issued on Thursday, Digital Look reports. They currently have a GBX 5,100 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 28.17% from the stock’s current price.

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

British American Tobacco Trading Up 0.5%

BATS traded up GBX 19 during trading on Thursday, hitting GBX 3,979. 2,147,000,000 shares of the stock were exchanged, compared to its average volume of 19,576,215. The company has a debt-to-equity ratio of 72.48, a quick ratio of 0.47 and a current ratio of 0.84. The firm has a 50 day simple moving average of GBX 4,227.11 and a 200 day simple moving average of GBX 4,398.24. The firm has a market cap of £85.69 billion, a price-to-earnings ratio of 13.68, a P/E/G ratio of 3.12 and a beta of 0.11. British American Tobacco has a 1 year low of GBX 3,677 and a 1 year high of GBX 5,368.

British American Tobacco (LON:BATS) last issued its earnings results on Thursday, July 30th. The company reported GBX 203.60 earnings per share for the quarter. British American Tobacco had a return on equity of 13.38% and a net margin of 24.99%. As a group, equities analysts expect that British American Tobacco will post 361.5079365 EPS for the current year.

Insider Activity at British American Tobacco

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