British American Tobacco Stock Rating Reaffirmed by AlphaValue (BATS)
British American Tobacco (LON:BATS)‘s stock had its “add” rating reiterated by investment analysts at AlphaValue in a note issued to investors on Thursday, AR Network reports. They currently have a GBX 3,668 ($58.85) price objective on the stock. AlphaValue’s price target would suggest a potential upside of 14.45% from the stock’s previous close.
A number of other analysts have also recently weighed in on BATS. Analysts at Panmure Gordon reiterated a “buy” rating on shares of British American Tobacco in a research note to investors on Wednesday. They now have a GBX 3,900 ($62.57) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of British American Tobacco in a research note to investors on Friday, October 4th. They now have a GBX 3,800 ($60.97) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of British American Tobacco in a research note to investors on Thursday, October 3rd. They now have a GBX 4,549 ($72.98) price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 3,782.87 ($60.69).
Shares of British American Tobacco (LON:BATS) traded up 0.94% during mid-day trading on Thursday, hitting GBX 3234.9998. 2,213,336 shares of the company’s stock traded hands. British American Tobacco has a one year low of GBX 3060.50 and a one year high of GBX 3807.50. The stock’s 50-day moving average is GBX 3365. and its 200-day moving average is GBX 3500.. The company’s market cap is £61.692 billion.
British American Tobacco p.l.c. (LON:BATS) is a holding company.
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