British American Tobacco plc (LON:BATS) had its price objective increased by Jefferies Group from GBX 5,800 ($71.78) to GBX 6,000 ($74.26) in a research note issued to investors on Tuesday. The brokerage currently has a buy rating on the stock.
A number of other analysts also recently commented on BATS. Berenberg Bank restated a buy rating and issued a GBX 4,285 ($53.03) target price on shares of British American Tobacco plc in a research note on Tuesday, June 14th. JPMorgan Chase & Co. upped their target price on British American Tobacco plc from GBX 4,620 ($57.18) to GBX 4,650 ($57.55) and gave the stock an overweight rating in a research note on Friday, June 17th. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 4,500 ($55.69) price target on shares of British American Tobacco plc in a report on Tuesday, June 21st. BNP Paribas reaffirmed a neutral rating and issued a GBX 4,300 ($53.22) price target on shares of British American Tobacco plc in a report on Monday, June 27th. Finally, Societe Generale reaffirmed a buy rating and issued a GBX 4,700 ($58.17) price target on shares of British American Tobacco plc in a report on Monday, June 27th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of GBX 4,880.65 ($60.40).
Shares of British American Tobacco plc (LON:BATS) traded down 0.78% during mid-day trading on Tuesday, reaching GBX 4845.50. The company’s stock had a trading volume of 1,195,455 shares. The stock’s market capitalization is GBX 90.03 billion. British American Tobacco plc has a 12-month low of GBX 3,536.00 and a 12-month high of GBX 5,135.00. The company’s 50-day moving average price is GBX 4,826.92 and its 200-day moving average price is GBX 4,531.59.
The firm also recently declared a dividend, which was paid on Wednesday, September 28th. Investors of record on Thursday, August 18th were paid a GBX 51.30 ($0.63) dividend. The ex-dividend date was Thursday, August 18th. This represents a dividend yield of 1.07%.
In other British American Tobacco plc news, insider Helmes,Marion purchased 3,600 shares of the firm’s stock in a transaction that occurred on Friday, September 2nd. The shares were acquired at an average cost of GBX 4,809 ($59.52) per share, for a total transaction of £173,124 ($214,262.38). Also, insider Jack Bowles sold 511 shares of the company’s stock in a transaction dated Thursday, August 18th. The shares were sold at an average price of GBX 4,840 ($59.90), for a total transaction of £24,732.40 ($30,609.41).
About British American Tobacco plc
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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