British American Tobacco (LON:BATS) Hits New 12-Month High – Time to Buy?

British American Tobacco p.l.c. (LON:BATS) hit a new 52-week high on Tuesday . The stock traded as high as GBX 3,399 ($42.00) and last traded at GBX 3,390 ($41.89), with a volume of 3588352 shares. The stock had previously closed at GBX 3,348 ($41.37).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 2,800 ($34.60) price objective on shares of British American Tobacco in a research note on Thursday, December 12th.

British American Tobacco Stock Performance

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 stock’s 50-day moving average is GBX 2,995.48 and its 200 day moving average is GBX 2,847.76. The stock has a market cap of £75.36 billion, a price-to-earnings ratio of -548.23, a P/E/G 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 issued a dividend of GBX 58.88 ($0.73) per share. This represents a yield of 2.54%. The ex-dividend date was Thursday, December 19th. This is a positive change from British American Tobacco’s previous dividend of $57.72. British American Tobacco’s dividend payout ratio is currently -3,794.21%.

About British American Tobacco

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.