Royal Bank Of Canada Raises British American Tobacco (LON:BATS) Price Target to GBX 3,800

British American Tobacco (LON:BATS) had its price objective upped by research analysts at Royal Bank Of Canada from GBX 3,600 to GBX 3,800 in a note issued to investors on Tuesday,Digital Look reports. The brokerage presently has an “underperform” rating on the stock. Royal Bank Of Canada’s price target would indicate a potential downside of 10.10% from the stock’s previous close.

Several other brokerages also recently commented on BATS. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 5,100 price target on shares of British American Tobacco in a research report on Friday, July 31st. Jefferies Financial Group increased their price objective on 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. Finally, UBS Group restated a “buy” rating and issued a GBX 5,750 price objective on shares of British American Tobacco in a research note on Friday, May 29th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,858.33.

British American Tobacco Trading Down 0.0%

Shares of LON:BATS opened at GBX 4,227 on Tuesday. The company has a market cap of £91.17 billion, a P/E ratio of 14.54, a P/E/G ratio of 3.12 and a beta of 0.13. The stock’s 50-day moving average is GBX 4,530.36 and its 200-day moving average is GBX 4,476.93. British American Tobacco has a 52-week low of GBX 3,677 and a 52-week high of GBX 5,368. The company has a debt-to-equity ratio of 8.31, a quick ratio of 0.47 and a current ratio of 0.84.

British American Tobacco (LON:BATS) last posted its quarterly earnings data 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%. Equities research analysts predict that British American Tobacco will post 361.5079365 earnings per share for the current year.

Insider Buying and Selling at British American Tobacco

In other news, insider Matthew Wright bought 5,500 shares of the stock in a transaction dated Monday, August 3rd. The shares were acquired at an average price of GBX 4,500 per share, with a total value of £247,500. Also, insider Serpil Timuray bought 47 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were purchased at an average price of GBX 4,372 per share, with a total value of £2,054.84. Over the last three months, insiders purchased 10,564 shares of company stock valued at $46,561,206. 0.13% 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.