British American Tobacco Stock Rating Reaffirmed by Credit Suisse (BATS)
British American Tobacco (LON:BATS)‘s stock had its “outperform” rating restated by analysts at Credit Suisse in a research report issued to clients and investors on Monday, Stock Ratings News reports. They currently have a GBX 3,700 ($59.83) price target on the stock. Credit Suisse’s target price would indicate a potential upside of 11.91% from the stock’s previous close.
British American Tobacco (LON:BATS) opened at 3325.00 on Monday. British American Tobacco has a 1-year low of GBX 3060.50 and a 1-year high of GBX 3807.50. The stock has a 50-day moving average of GBX 3277.84 and a 200-day moving average of GBX 3462.. The company’s market cap is £63.409 billion.
BATS has been the subject of a number of other recent research reports. Analysts at Panmure Gordon cut their price target on shares of British American Tobacco from GBX 3,900 ($63.07) to GBX 3,800 ($61.45) in a research note to investors on Monday. They now have a “buy” rating on the stock. Separately, analysts at Berenberg Bank reiterated a “buy” rating on shares of British American Tobacco in a research note to investors on Friday. They now have a GBX 3,850 ($62.26) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of British American Tobacco in a research note to investors on Tuesday, October 15th. They now have a GBX 3,700 ($59.83) price target on the stock. One 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 presently has a consensus rating of “Buy” and an average target price of GBX 3,772.87 ($61.01).
British American Tobacco p.l.c. (LON:BATS) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.