British American Tobacco (LON:BATS) Hits New 12-Month High – Here’s Why

British American Tobacco p.l.c. (LON:BATSGet Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as GBX 3,237 ($40.26) and last traded at GBX 3,232 ($40.19), with a volume of 18710934 shares trading hands. The stock had previously closed at GBX 3,220 ($40.04).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 2,800 ($34.82) price objective on shares of British American Tobacco in a research note on Thursday, December 12th.

Read Our Latest Report on BATS

British American Tobacco Stock Up 0.4 %

The stock’s fifty day simple moving average is GBX 2,981.04 and its two-hundred day simple moving average is GBX 2,835.99. The company has a debt-to-equity ratio of 74.14, a current ratio of 0.88 and a quick ratio of 0.47. The company has a market capitalization of £73.90 billion, a price-to-earnings ratio of -537.59, a PEG ratio of 3.12 and a beta of 0.27.

British American Tobacco Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, December 19th were paid a dividend of GBX 58.88 ($0.73) per share. This is a positive change from British American Tobacco’s previous dividend of $57.72. The ex-dividend date of this dividend was Thursday, December 19th. This represents a yield of 2.54%. British American Tobacco’s dividend payout ratio is -3,794.21%.

About British American Tobacco

(Get Free Report)

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.

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