British American Tobacco (NYSE:BTI) Rating Increased to Buy at UBS Group

British American Tobacco (NYSE:BTI) was upgraded by stock analysts at UBS Group from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, MarketBeat.com reports.

BTI has been the subject of a number of other research reports. Morgan Stanley downgraded British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price objective for the company. in a report on Thursday, October 3rd. StockNews.com downgraded shares of British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, Barclays upgraded shares of British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th.

British American Tobacco Stock Performance

BTI opened at $37.93 on Monday. The company has a fifty day moving average price of $36.91 and a two-hundred day moving average price of $36.24. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. British American Tobacco has a 52 week low of $28.25 and a 52 week high of $39.54.

Institutional Trading of British American Tobacco

A number of large investors have recently bought and sold shares of the business. Versant Capital Management Inc acquired a new position in British American Tobacco during the 4th quarter worth approximately $34,000. ORG Partners LLC increased its stake in British American Tobacco by 35.1% in the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after buying an additional 299 shares during the last quarter. Kieckhefer Group LLC acquired a new position in shares of British American Tobacco during the 4th quarter worth about $44,000. Creative Financial Designs Inc. ADV increased its position in shares of British American Tobacco by 153.7% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock valued at $45,000 after acquiring an additional 753 shares during the last quarter. Finally, Continuum Advisory LLC boosted its position in British American Tobacco by 122.8% during the third quarter. Continuum Advisory LLC now owns 1,357 shares of the company’s stock valued at $48,000 after purchasing an additional 748 shares during the last quarter. 16.16% of the stock is owned by institutional investors.

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.