British American Tobacco (BATS) Stock Rating Reaffirmed by JPMorgan Chase & Co.

British American Tobacco (LON:BATS)‘s stock had its “overweight” rating restated by analysts at JPMorgan Chase & Co. in a research note issued on Friday. They presently have a GBX 5,610 ($76.08) price target on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 10.83% from the stock’s current price.

A number of other research firms have also weighed in on BATS. UBS Group set a GBX 5,670 ($76.89) target price on shares of British American Tobacco and gave the stock a “buy” rating in a research note on Tuesday, October 24th. Goldman Sachs Group dropped their price target on shares of British American Tobacco from GBX 5,400 ($73.23) to GBX 5,340 ($72.42) and set a “neutral” rating on the stock in a research note on Thursday, September 21st. Credit Suisse Group dropped their price target on shares of British American Tobacco from GBX 6,100 ($82.72) to GBX 5,800 ($78.65) and set an “outperform” rating on the stock in a research note on Tuesday, October 10th. Berenberg Bank dropped their price target on shares of British American Tobacco from GBX 5,670 ($76.89) to GBX 5,500 ($74.59) and set a “buy” rating on the stock in a research note on Friday, October 6th. Finally, Citigroup reiterated a “buy” rating and issued a GBX 5,800 ($78.65) price target on shares of British American Tobacco in a research note on Thursday, October 26th. Six equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. British American Tobacco currently has a consensus rating of “Buy” and a consensus target price of GBX 5,628.67 ($76.33).

British American Tobacco (LON BATS) traded up GBX 112 ($1.52) during mid-day trading on Friday, hitting GBX 5,062 ($68.65). British American Tobacco has a 12 month low of GBX 4,064 ($55.11) and a 12 month high of GBX 5,643.60 ($76.53). The company has a market cap of $116,100.00 and a PE ratio of 2,229.96.

In other British American Tobacco news, insider Tadeu Marroco bought 2,980 shares of the stock in a transaction dated Friday, November 17th. The shares were acquired at an average cost of GBX 4,985 ($67.60) per share, for a total transaction of £148,553 ($201,455.11). Also, insider Andrew Gray sold 8,993 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of GBX 4,951 ($67.14), for a total transaction of £445,243.43 ($603,801.78). Over the last 90 days, insiders have bought 2,989 shares of company stock worth $14,899,415.

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British American Tobacco Company Profile

British American Tobacco p.l.c. is a tobacco and next generation products company. The Company’s tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).

Analyst Recommendations for British American Tobacco (LON:BATS)

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