A number of other brokerages have also weighed in on BATS. Independent Research GmbH set a GBX 5,200 ($64.36) price objective on British American Tobacco plc and gave the stock a neutral rating in a research report on Wednesday, July 6th. Deutsche Bank AG boosted their price objective on British American Tobacco plc from GBX 4,500 ($55.69) to GBX 5,000 ($61.88) and gave the stock a buy rating in a research report on Wednesday, July 6th. Citigroup Inc. restated a buy rating and set a GBX 5,800 ($71.78) price objective on shares of British American Tobacco plc in a research report on Wednesday, July 6th. BNP Paribas restated a neutral rating and set a GBX 5,000 ($61.88) price objective on shares of British American Tobacco plc in a research report on Friday, July 8th. Finally, Barclays PLC lowered British American Tobacco plc to an equal weight rating and boosted their price objective for the stock from GBX 4,400 ($54.46) to GBX 5,100 ($63.12) in a research report on Friday, July 8th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of GBX 4,903.15 ($60.68).
Shares of British American Tobacco plc (LON:BATS) traded down 0.97% during midday trading on Friday, hitting GBX 4839.00. The company’s stock had a trading volume of 1,127,671 shares. The company’s market cap is GBX 89.91 billion. British American Tobacco plc has a 1-year low of GBX 3,536.00 and a 1-year high of GBX 5,135.00. The company has a 50-day moving average price of GBX 4,828.74 and a 200 day moving average price of GBX 4,538.58.
The business also recently disclosed a dividend, which was paid on Wednesday, September 28th. Shareholders of record on Thursday, August 18th were issued a dividend of GBX 51.30 ($0.63) per share. This represents a yield of 1.07%. The ex-dividend date was Thursday, August 18th.
In other British American Tobacco plc news, insider Jack Bowles sold 511 shares of the business’s stock in a transaction that occurred on Thursday, August 18th. The stock was sold at an average price of GBX 4,840 ($59.90), for a total transaction of £24,732.40 ($30,609.41). Also, insider Helmes,Marion acquired 3,600 shares of the firm’s stock in a transaction on Friday, September 2nd. The shares were bought at an average cost of GBX 4,809 ($59.52) per share, with a total value of £173,124 ($214,262.38).
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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