British American Tobacco’s (BATS) Buy Rating Reaffirmed at Jefferies Financial Group

British American Tobacco (LON:BATS)‘s stock had its “buy” rating reissued by investment analysts at Jefferies Financial Group in a report released on Monday, MarketBeat Ratings reports. They presently have a GBX 3,300 ($40.76) price objective on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 39.83% from the company’s current price.

British American Tobacco Stock Performance

BATS stock opened at GBX 2,360 ($29.15) on Monday. The firm has a market cap of £52.63 billion, a price-to-earnings ratio of -364.76, a PEG ratio of 3.12 and a beta of 0.25. The firm has a 50-day simple moving average of GBX 2,352.62 and a two-hundred day simple moving average of GBX 2,390.64. British American Tobacco has a one year low of GBX 2,233 ($27.58) and a one year high of GBX 3,022.20 ($37.33). The company has a debt-to-equity ratio of 75.41, a quick ratio of 0.47 and a current ratio of 0.90.

Insider Buying and Selling

In other British American Tobacco news, insider Karen Guerra purchased 4,150 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The shares were bought at an average price of GBX 2,380 ($29.40) per share, for a total transaction of £98,770 ($121,998.52). In the last quarter, insiders have acquired 4,170 shares of company stock worth $9,923,952. 10.49% of the stock is owned by company insiders.

British American Tobacco Company Profile

British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It also offers vapour, heated, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company offers its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Camel, Natural American Spirit, Newport, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi brands.