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

British American Tobacco p.l.c. (LON:BATS - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 3,237 ($40.16) and last traded at GBX 3,232 ($40.09), with a volume of 18710934 shares changing hands. The stock had previously closed at GBX 3,220 ($39.95).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reissued a "neutral" rating and issued a GBX 2,800 ($34.74) price target on shares of British American Tobacco in a report on Thursday, December 12th.

British American Tobacco Trading Up 0.5 %

The company has a quick ratio of 0.47, a current ratio of 0.88 and a debt-to-equity ratio of 74.14. The company has a market capitalization of £73.99 billion, a PE ratio of -538.26, a price-to-earnings-growth ratio of 3.12 and a beta of 0.27. The stock's fifty day moving average price is GBX 2,995.48 and its two-hundred day moving average price is GBX 2,845.19.

British American Tobacco Increases Dividend

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