Insider Buying: British American Tobacco (LON:BATS) Insider Buys 4 Shares of Stock

British American Tobacco p.l.c. (LON:BATS) insider Tadeu Marroco bought 4 shares of the company’s stock in a transaction on Wednesday, November 5th. The stock was purchased at an average cost of GBX 4,074 per share, for a total transaction of £162.96.

Tadeu Marroco also recently made the following trade(s):

• On Wednesday, October 1st, Tadeu Marroco bought 4 shares of British American Tobacco stock. The stock was acquired at an average cost of GBX 3,934 per share, for a total transaction of £157.36.
• On Wednesday, September 3rd, Tadeu Marroco acquired 3 shares of British American Tobacco stock. The stock was purchased at an average price of GBX 4,092 per share, with a total value of £122.76.
• On Wednesday, August 13th, Tadeu Marroco acquired 170 shares of British American Tobacco stock. The stock was purchased at an average price of GBX 4,182 per share, with a total value of £7,109.40.

British American Tobacco Price Performance

Shares of LON BATS traded up GBX 17 during midday trading on Thursday, reaching GBX 4,159. 889,934,813 shares of the company traded hands, compared to its average volume of 12,782,349. The firm has a market cap of £90.54 billion, a PE ratio of 29.86, a PEG ratio of 3.12 and a beta of 0.27. The stock’s 50-day simple moving average is GBX 3,966.29 and its 200-day simple moving average is GBX 3,749.14. British American Tobacco p.l.c. has a 12 month low of GBX 2,702 and a 12 month high of GBX 4,806. The company has a debt-to-equity ratio of 74.63, a quick ratio of 0.47 and a current ratio of 0.88.

Analyst Ratings Changes

Several brokerages have issued reports on BATS. Royal Bank Of Canada downgraded British American Tobacco to an “underperform” rating and lifted their price objective for the company from GBX 3,000 to GBX 3,400 in a research report on Tuesday, September 2nd. Deutsche Bank Aktiengesellschaft lifted their price objective on British American Tobacco from GBX 4,200 to GBX 4,400 and gave the company a “buy” rating in a research report on Thursday, July 31st. Jefferies Financial Group lifted their price objective on British American Tobacco from GBX 4,800 to GBX 5,200 and gave the company a “buy” rating in a research report on Tuesday, August 5th. Citigroup restated a “buy” rating on shares of British American Tobacco in a research report on Wednesday, July 30th. Finally, JPMorgan Chase & Co. boosted their target price on British American Tobacco from GBX 2,800 to GBX 3,300 and gave the stock a “neutral” rating in a research report on Monday, August 4th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of GBX 4,040.

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.