British American Tobacco (LON:BATS) Hits New 1-Year High - Here's What Happened

British American Tobacco p.l.c. (LON:BATS - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 4,876.92 and last traded at GBX 4,221, with a volume of 267698031 shares. The stock had previously closed at GBX 4,285.Wall Street Analysts Forecast GrowthAltria Group stock gets smoked, but there’s a silver liningBATS has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft lifted their price objective on British American Tobacco from GBX 4,400 to GBX 4,900 and gave the company a "buy" rating in a report on Friday, November 28th. JPMorgan Chase & Co. raised their price target on British American Tobacco from GBX 3,300 to GBX 4,150 and gave the company a "neutral" rating in a report on Wednesday, November 26th. Citigroup lifted their price target on British American Tobacco from GBX 4,450 to GBX 4,850 and gave the company a "buy" rating in a research note on Friday, November 28th. Finally, Royal Bank Of Canada cut British American Tobacco to an "underperform" rating and increased their price objective for the stock from GBX 3,000 to GBX 3,400 in a research report on Tuesday, September 2nd. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of GBX 4,500.Get Our Latest Stock Analysis on BATSBritish American Tobacco Stock PerformanceThe company has a current ratio of 0.88, a quick ratio of 0.47 and a debt-to-equity ratio of 74.63. The firm has a market capitalization of £91.72 billion, a PE ratio of 30.28, a PEG ratio of 3.12 and a beta of 0.27. The stock's 50 day moving average price is GBX 4,119.38 and its two-hundred day moving average price is GBX 3,970.84. British American Tobacco Company Profile (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. Our corporate purpose is to build A Better Tomorrow™, reducing the health impact of our business, by offering adult consumers a greater choice of enjoyable and less risky*† products compared to cigarettes.Further ReadingFive stocks we like better than British American TobaccoHow to Profit From Growth Investing 4 High-Potential ETFs for 2026: Small Caps, Space Stocks, and MoreWhat is the Dow Jones Industrial Average (DJIA)?META Rises Amid Tech Decline, Trump's AI Order Praised By Analyst3 Best Fintech Stocks for a Portfolio BoostTL;DR: Why Reddit is the New Growth Stock to BeatThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in British American Tobacco Right Now?Before you consider British American Tobacco, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and British American Tobacco wasn't on the list.While British American Tobacco currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here