British American Tobacco Plc ADR (NYSE: BTI) 52-Week High Located At $39.54, Forget The Dips, Just Ride The Rips

British American Tobacco Plc ADR (NYSE:BTI) does about 5.32M shares in volume on a normal day but saw 3544157 shares change hands in the recent trading day. The company now has a market cap of 77.68B USD. Its current market price is $35.18, marking an increase of 0.20% compared to the previous close of $35.11. The 52 week high reached by this stock is $39.54 whilst the lowest price level in 52 weeks is $28.25.

British American Tobacco Plc ADR (BTI) has a 20-day trading average at $36.72 and the current price is -11.03% off the 52-week high compared with 24.53% distance from its 52-week low. The 50-day simple moving average of the closing price is $36.89 and its 200-day simple moving average is $32.22. If we look at the stock’s price movements over the week, volatility stands at 0.94%, which increases to 1.02% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 32.76 to suggest the stock is neutral.

The consensus objective for the share price is $33.00, suggesting that the stock has a potential downside of -6.61% over the period.

FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 1 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Strong Buy and Wall Street’s advice is for investors to Hold the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 03, 2024 when Morgan Stanley downgraded the stock to “Underweight” and issued a price target of $33. Morgan Stanley initiated its price target at $38.

The current price level is -4.20%, -4.63%, and 9.20% away from its SMA20, SMA50, and SMA200 respectively, with the BTI price moving above the 50-day SMA on current market day. British American Tobacco Plc ADR (BTI) stock is down -0.31% over the week and -9.66% over the past month. Its price is 20.11% year-to-date and 12.47% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 4.61 for whole year.

To reach the target analysts have set, the stock logically needs to shrink -6.61 percent from here.

The company has a return on investment of -15.77% and return on equity of -21.63%. The forward price to earnings ratio is 7.28. The beta has a value of 0.53. Price to book ratio is 1.14 and price to sales ratio is 2.36.