British American Tobacco Stock Rating Reaffirmed by BNP Paribas (BATS)
British American Tobacco (LON:BATS)‘s stock had its “outperform” rating reiterated by analysts at BNP Paribas in a research report issued to clients and investors on Tuesday, Stock Ratings Network reports. They currently have a GBX 3,700 ($59.07) price objective on the stock. BNP Paribas’ target price indicates a potential upside of 14.48% from the company’s current price.
Shares of British American Tobacco (LON:BATS) opened at 3251.50 on Tuesday. British American Tobacco has a 52-week low of GBX 3060.50 and a 52-week 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 £62.007 billion.
Several other analysts have also recently commented on the stock. Analysts at Nomura cut their price target on shares of British American Tobacco from GBX 4,100 ($65.45) to GBX 3,840 ($61.30) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of British American Tobacco in a research note to investors on Friday. They now have a GBX 3,950 ($63.06) price target on the stock. Finally, analysts at Citigroup Inc. upgraded shares of British American Tobacco to a “preferred list” rating in a research note to investors on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 3,777.63 ($60.31).
British American Tobacco p.l.c. (LON:BATS) is a holding company.
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