British American Tobacco (LON:BATS) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

British American Tobacco p.l.c. (LON:BATS)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4,396.20 and traded as high as GBX 4,610. British American Tobacco shares last traded at GBX 4,588, with a volume of 3,227,165 shares traded.

Analysts Set New Price Targets

Several research analysts recently weighed in on BATS shares. UBS Group reissued a “buy” rating and issued a GBX 5,750 target price on shares of British American Tobacco in a research note on Friday, May 29th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 5,200 price target on shares of British American Tobacco in a report on Tuesday, June 9th. Four 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 stock. According to data from MarketBeat.com, British American Tobacco has a consensus rating of “Moderate Buy” and an average price target of GBX 4,708.33.

British American Tobacco Trading Down 1.6%

The company has a market cap of £95.11 billion, a PE ratio of 12.60, a price-to-earnings-growth ratio of 3.12 and a beta of 0.12. The business has a 50 day simple moving average of GBX 4,489.29 and a two-hundred day simple moving average of GBX 4,397.14. The company has a current ratio of 0.87, a quick ratio of 0.47 and a debt-to-equity ratio of 74.60.

Insider Buying and Selling at British American Tobacco

In other British American Tobacco news, insider Serpil Timuray purchased 47 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were purchased at an average cost of GBX 4,372 per share, with a total value of £2,054.84. Also, insider Tadeu Marroco sold 9,383 shares of the company’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of GBX 4,284, for a total transaction of £401,967.72. Insiders purchased 11,500 shares of company stock valued at $50,239,654 over the last quarter. Insiders own 0.12% of the company’s stock.

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.