British American Tobacco’s (BATS) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of British American Tobacco (LON:BATS) in a research note published on Tuesday, MarketBeat Ratings reports. Jefferies Financial Group currently has a GBX 5,200 price objective on the stock.

Several other research firms have also recently weighed in on BATS. Deutsche Bank Aktiengesellschaft lifted their target price on British American Tobacco from GBX 4,400 to GBX 4,900 and gave the stock a “buy” rating in a research report on Friday, November 28th. JPMorgan Chase & Co. raised their price objective on British American Tobacco from GBX 3,300 to GBX 4,150 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Finally, Citigroup lifted their price objective on British American Tobacco from GBX 4,450 to GBX 4,850 and gave the stock a “buy” rating in a report on Friday, November 28th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, British American Tobacco has a consensus rating of “Hold” and an average target price of GBX 4,500.

British American Tobacco Price Performance

LON:BATS opened at GBX 4,345.42 on Tuesday. The company has a debt-to-equity ratio of 74.63, a current ratio of 0.88 and a quick ratio of 0.47. British American Tobacco has a one year low of GBX 2,916 and a one year high of GBX 4,806. The company has a fifty day moving average price of GBX 4,238.43 and a 200 day moving average price of GBX 4,086.69. The stock has a market cap of £94.40 billion, a P/E ratio of 31.19, a PEG ratio of 3.12 and a beta of 0.27.

About British American Tobacco

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.