British American Tobacco (LON:BATS) Stock Rating Reaffirmed by Jefferies Financial Group

British American Tobacco (LON:BATS)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. They presently have a GBX 3,300 ($40.76) price target on the stock. Jefferies Financial Group’s price target points to a potential upside of 39.83% from the stock’s current price.

British American Tobacco Stock Performance

LON BATS opened at GBX 2,360 ($29.15) on Monday. The company has a fifty day simple moving average of GBX 2,352.62 and a 200 day simple moving average of GBX 2,390.64. British American Tobacco has a 12-month low of GBX 2,233 ($27.58) and a 12-month high of GBX 3,022.20 ($37.33). The company has a current ratio of 0.90, a quick ratio of 0.47 and a debt-to-equity ratio of 75.41. The company has a market cap of £52.63 billion, a P/E ratio of -364.76, a PEG ratio of 3.12 and a beta of 0.25.

Insiders Place Their Bets

In other news, insider Karen Guerra acquired 4,150 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were acquired at an average cost of GBX 2,380 ($29.40) per share, for a total transaction of £98,770 ($121,998.52). Insiders have bought 4,170 shares of company stock valued at $9,923,952 in the last three months. 10.49% of the stock is currently owned by 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.