British American Tobacco (LON:BATS) PT Lowered to GBX 3,450

British American Tobacco (LON:BATS) had its price target lowered by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 4,000 ($50.84) to GBX 3,450 ($43.85) in a report issued on Tuesday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 40.02% from the company’s previous close.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,300 ($41.94) price objective on shares of British American Tobacco in a report on Monday, April 22nd.

British American Tobacco Stock Performance

Shares of BATS opened at GBX 2,464 ($31.32) on Tuesday. The company has a market cap of £54.70 billion, a price-to-earnings ratio of -380.83, a P/E/G ratio of 3.12 and a beta of 0.26. The business’s fifty day simple moving average is GBX 2,374.52 and its two-hundred day simple moving average is GBX 2,380.18. British American Tobacco has a 12 month low of GBX 2,233 ($28.38) and a 12 month high of GBX 2,751 ($34.96). The company has a current ratio of 0.90, a quick ratio of 0.47 and a debt-to-equity ratio of 75.41.

Insider Activity

In other British American Tobacco news, insider Tadeu Marroco bought 433 shares of British American Tobacco stock in a transaction dated Thursday, May 9th. The shares were purchased at an average cost of GBX 2,076 ($26.39) per share, for a total transaction of £8,989.08 ($11,424.86). In the last ninety days, insiders bought 452 shares of company stock worth $943,555. 10.48% of the stock is currently owned by insiders.

About British American Tobacco

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.