British American Tobacco Upgraded to Preferred List by Citigroup Inc. (BATS)
British American Tobacco (LON:BATS) was upgraded by investment analysts at Citigroup Inc. to a “preferred list” rating in a note issued to investors on Thursday, AR Network reports.
BATS has been the subject of a number of other recent research reports. Analysts at AlphaValue reiterated an “add” rating on shares of British American Tobacco in a research note to investors on Thursday. They now have a GBX 3,668 ($58.85) price target on the stock. Separately, 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. 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 research analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. British American Tobacco presently has a consensus rating of “Buy” and a consensus target price of GBX 3,782.01 ($60.68).
Shares of British American Tobacco (LON:BATS) traded up 0.94% during mid-day trading on Thursday, hitting GBX 3234.9998. The stock had a trading volume of 2,265,920 shares. 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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