In yesterday’s Wall Street session, British American Tobacco p.l.c. (NYSE:BTI) shares traded at $41.90, up 1.53% from the previous session.
2 analysts cover British American Tobacco p.l.c. (NYSE:BTI), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $49.80 and a low of $45.00, we find $47.40. Given the previous closing price of $41.27, this indicates a potential upside of 14.85 percent. BTI stock price is now 9.77% away from the 50-day moving average and 2.05% away from the 200-day moving average. The market capitalization of the company currently stands at $91.51B.
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The stock has received a hold rating from 1 analysts and a buy rating from 0. Brokers who have rated the stock have averaged $47.40 as their price target over the next twelve months.
, while ‘Jefferies’ rates the stock as ‘Buy’.
A total of 4.60% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in BTI stock. A new stake in British American Tobacco p.l.c. shares was purchased by CLARK CAPITAL MANAGEMENT GROUP, INC. during the first quarter worth $31,713,000. OLD MISSION CAPITAL, LLC invested $26,112,000 in shares of BTI during the first quarter. In the first quarter, TWO SIGMA INVESTMENTS, LP acquired a new stake in British American Tobacco p.l.c. valued at approximately $16,985,000. DRW SECURITIES, L.L.C. acquired a new stake in BTI for approximately $6,645,000. PRIVIUM FUND MANAGEMENT (UK) LTD purchased a new stake in BTI valued at around $5,333,000 in the second quarter. In total, there are 648 active investors with 7.60% ownership of the company’s stock.
On Thursday morning British American Tobacco p.l.c. (NYSE: BTI) stock kicked off with the opening price of $41.45. During the past 12 months, British American Tobacco p.l.c. has had a low of $33.72 and a high of $47.24. As of last week, the company has a debt-to-equity ratio of 0.61, a current ratio of 0.90, and a quick ratio of 0.50. The fifty day moving average price for BTI is $38.17 and a two-hundred day moving average price translates $41.06 for the stock.
The latest earnings results from British American Tobacco p.l.c. (NYSE: BTI) was released for Jun, 2022. The net profit margin was 20.50% and return on equity was 8.10% for BTI.
Moreover, the firm recently paid out its quarterly dividend on 02/06/2023. Investors who held shares on 12/23/2022 were paid a $0.740411 dividend. On an annualized basis, this represents a $3.44 dividend and a 8.21% percent yield. There was an ex-dividend date of 12/22/2022 for this dividend. In terms of dividend payout ratio, BTI is presently at 76.90%.
British American Tobacco p.l.c.(BTI) Company Profile
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers worldwide. It offers vapour, tobacco heating, and modern oral nicotine products; combustible products; and traditional oral products, such as snus and moist snuff. The company offers its products under the Kent, Dunhill, Lucky Strike, Pall Mall, Rothmans, Camel, Newport, Natural American Spirit, being Vapour, THP, and Modern Oral brands. It distributes its products to retail outlets. British American Tobacco p.l.c. was incorporated in 1902 and is headquartered in London, the United Kingdom.
