Credit Suisse Group AG restated their outperform rating on shares of British American Tobacco plc (LON:BATS) in a research note published on Friday morning. They currently have a GBX 5,200 ($67.88) price objective on the stock.
Other equities research analysts also recently issued reports about the stock. S&P Global Inc. set a GBX 4,800 ($62.66) target price on shares of British American Tobacco plc and gave the stock a neutral rating in a research note on Thursday, July 28th. Beaufort Securities reaffirmed a buy rating on shares of British American Tobacco plc in a research note on Friday, July 29th. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 5,220 ($68.14) target price on shares of British American Tobacco plc in a research note on Wednesday, August 24th. Societe Generale set a GBX 5,200 ($67.88) target price on shares of British American Tobacco plc and gave the stock a neutral rating in a research note on Friday, July 29th. Finally, Investec raised shares of British American Tobacco plc to a buy rating and upped their target price for the stock from GBX 4,000 ($52.21) to GBX 5,200 ($67.88) in a research note on Thursday, September 8th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of Hold and an average price target of GBX 4,863.15 ($63.48).
British American Tobacco plc (LON:BATS) traded down 0.25% during midday trading on Friday, hitting GBX 4861.50. 1,591,979 shares of the stock traded hands. The stock’s market cap is GBX 90.33 billion. The company has a 50-day moving average price of GBX 4,825.96 and a 200 day moving average price of GBX 4,512.10. British American Tobacco plc has a one year low of GBX 3,536.00 and a one year high of GBX 5,135.00.
The company also recently disclosed a dividend, which was paid on Wednesday, September 28th. Shareholders of record on Thursday, August 18th were given a dividend of GBX 51.30 ($0.67) per share. The ex-dividend date was Thursday, August 18th. This represents a yield of 1.07%.
In other news, insider Jack Bowles sold 511 shares of the stock in a transaction dated Thursday, August 18th. The shares were sold at an average price of GBX 4,840 ($63.18), for a total value of £24,732.40 ($32,283.51). Also, insider Helmes,Marion purchased 3,600 shares of the business’s stock in a transaction dated Friday, September 2nd. The stock was bought at an average price of GBX 4,809 ($62.77) per share, with a total value of £173,124 ($225,980.94).
British American Tobacco plc Company Profile
British American Tobacco p.l.c. is a tobacco company. The Company is engaged in manufacturing and marketing cigarettes and other tobacco products. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA). The Company’s brands include Dunhill, Kent, Lucky Strike, Pall Mall and Rothmans.
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