British American Tobacco (LON:BATS) Hits New 12-Month High - Still a Buy?

Shares of British American Tobacco p.l.c. (LON:BATS - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as GBX 3,237 ($40.00) and last traded at GBX 3,232 ($39.94), with a volume of 18710934 shares. The stock had previously closed at GBX 3,220 ($39.79).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a GBX 2,800 ($34.60) price objective on shares of British American Tobacco in a report on Thursday, December 12th.

British American Tobacco Stock Up 0.1 %

The company has a market capitalization of £74.99 billion, a PE ratio of -545.50, a P/E/G 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 company's 50-day moving average is GBX 3,003.58 and its 200 day moving average is GBX 2,854.19.

British American Tobacco Increases Dividend

The business also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Thursday, December 19th were given a GBX 58.88 ($0.73) dividend. This represents a yield of 2.54%. The ex-dividend date was Thursday, December 19th. This is an increase from British American Tobacco's previous dividend of $57.72. British American Tobacco's payout ratio is -3,794.21%.

British American Tobacco Company Profile

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.