British American Tobacco (LON:BATS) Insider Jerome Abelman Sells 10,303 Shares

British American Tobacco (LON:BATS) insider Jerome Abelman sold 10,303 shares of the firm’s stock in a transaction dated Tuesday, April 3rd. The shares were sold at an average price of GBX 4,092 ($57.84), for a total transaction of £421,598.76 ($595,899.31).

BATS stock opened at GBX 4,119 ($58.22) on Friday. British American Tobacco has a 52 week low of GBX 4,064 ($57.44) and a 52 week high of GBX 5,643.60 ($79.77).

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The business also recently announced a dividend, which will be paid on Wednesday, May 9th. Investors of record on Thursday, March 22nd will be paid a GBX 48.80 ($0.69) dividend. The ex-dividend date is Thursday, March 22nd. This is a boost from British American Tobacco’s previous dividend of $43.60. This represents a yield of 1.09%.

A number of research analysts have recently issued reports on the stock. UBS set a GBX 5,650 ($79.86) price objective on shares of British American Tobacco and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Berenberg Bank lifted their price objective on shares of British American Tobacco from GBX 5,575 ($78.80) to GBX 5,720 ($80.85) and gave the stock a “buy” rating in a research report on Tuesday, December 19th. Investec reaffirmed a “buy” rating and issued a GBX 6,000 ($84.81) price objective on shares of British American Tobacco in a research report on Monday, January 29th. Goldman Sachs set a GBX 5,600 ($79.15) price objective on shares of British American Tobacco and gave the stock a “buy” rating in a research report on Thursday, January 25th. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a GBX 6,000 ($84.81) price objective on shares of British American Tobacco in a research report on Tuesday, January 23rd. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 5,542.19 ($78.33).

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About British American Tobacco

British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide. It manufactures vapour and tobacco heating products; oral tobacco and nicotine products, such as snus and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.

Insider Buying and Selling by Quarter for British American Tobacco (LON:BATS)

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