British American Tobacco plc (BATS) Trading Down 0.7%

British American Tobacco plc (LON:BATS)’s share price fell 0.7% on Thursday . The company traded as low as GBX 4,875.50 ($64.10) and last traded at GBX 4,881.50 ($64.18). 2,445,687 shares were traded during mid-day trading, a decline of 54% from the average session volume of 5,349,010 shares. The stock had previously closed at GBX 4,916.50 ($64.64).

A number of brokerages have recently weighed in on BATS. Credit Suisse Group dropped their target price on British American Tobacco plc from GBX 6,100 ($80.20) to GBX 5,800 ($76.26) and set an “outperform” rating on the stock in a report on Tuesday. Goldman Sachs Group, Inc. (The) set a GBX 5,500 ($72.31) target price on British American Tobacco plc and gave the company a “buy” rating in a report on Tuesday. Jefferies Group LLC dropped their target price on British American Tobacco plc from GBX 6,500 ($85.46) to GBX 6,100 ($80.20) and set a “buy” rating on the stock in a report on Friday, October 6th. Berenberg Bank dropped their target price on British American Tobacco plc from GBX 5,670 ($74.55) to GBX 5,500 ($72.31) and set a “buy” rating on the stock in a report on Friday, October 6th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a GBX 6,000 ($78.89) target price on shares of British American Tobacco plc in a report on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 5,592.94 ($73.53).

The firm’s market capitalization is GBX 90.70 billion. The firm’s 50 day moving average is GBX 4,759.39 and its 200-day moving average is GBX 5,148.24.

The firm also recently announced a dividend, which was paid on Thursday, September 28th. Stockholders of record on Thursday, August 17th were paid a dividend of GBX 56.50 ($0.74) per share. The ex-dividend date of this dividend was Thursday, August 17th. This represents a dividend yield of 1.06%.

In other British American Tobacco plc news, insider Alan Davy bought 36 shares of British American Tobacco plc stock in a transaction dated Monday, October 9th. The stock was bought at an average cost of GBX 4,816

A number of brokerages have recently weighed in on BATS. Credit Suisse Group dropped their target price on British American Tobacco plc from GBX 6,100 ($80.20) to GBX 5,800 ($76.26) and set an “outperform” rating on the stock in a report on Tuesday. Goldman Sachs Group, Inc. (The) set a GBX 5,500 ($72.31) target price on British American Tobacco plc and gave the company a “buy” rating in a report on Tuesday. Jefferies Group LLC dropped their target price on British American Tobacco plc from GBX 6,500 ($85.46) to GBX 6,100 ($80.20) and set a “buy” rating on the stock in a report on Friday, October 6th. Berenberg Bank dropped their target price on British American Tobacco plc from GBX 5,670 ($74.55) to GBX 5,500 ($72.31) and set a “buy” rating on the stock in a report on Friday, October 6th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a GBX 6,000 ($78.89) target price on shares of British American Tobacco plc in a report on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 5,592.94 ($73.53).

The firm’s market capitalization is GBX 90.70 billion. The firm’s 50 day moving average is GBX 4,759.39 and its 200-day moving average is GBX 5,148.24.

The firm also recently announced a dividend, which was paid on Thursday, September 28th. Stockholders of record on Thursday, August 17th were paid a dividend of GBX 56.50 ($0.74) per share. The ex-dividend date of this dividend was Thursday, August 17th. This represents a dividend yield of 1.06%.

In other British American Tobacco plc news, insider Alan Davy bought 36 shares of British American Tobacco plc stock in a transaction dated Monday, October 9th. The stock was bought at an average cost of GBX 4,816 ($63.32) per share, for a total transaction of £1,733.76 ($2,279.46). Insiders have bought a total of 45 shares of company stock valued at $216,396 over the last quarter.

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About British American Tobacco plc

British American Tobacco p.l.c. is a tobacco and next generation products company. The Company’s tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).

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