British American Tobacco (LON:BATS) Sets New 1-Year High at $2,901.00

British American Tobacco p.l.c. (LON:BATS)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 2,901 ($38.15) and last traded at GBX 2,901 ($38.15), with a volume of 2795960 shares trading hands. The stock had previously closed at GBX 2,867 ($37.70).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft cut their price target on shares of British American Tobacco from GBX 4,000 ($52.60) to GBX 3,450 ($45.36) and set a “buy” rating for the company in a research note on Tuesday, May 21st.

British American Tobacco Price Performance

The stock has a market capitalization of £64.49 billion, a P/E ratio of -466.40, a price-to-earnings-growth ratio of 3.12 and a beta of 0.27. The company has a debt-to-equity ratio of 74.14, a quick ratio of 0.47 and a current ratio of 0.88. The firm has a 50-day moving average price of GBX 2,667.84 and a 200 day moving average price of GBX 2,482.09.

British American Tobacco Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, December 19th will be given a dividend of GBX 58.88 ($0.77) per share. This is a boost from British American Tobacco’s previous dividend of $57.72. This represents a yield of 2.54%. The ex-dividend date is Thursday, December 19th. British American Tobacco’s dividend payout ratio (DPR) is presently -3,794.21%.

British American Tobacco Company Profile

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.