British American Tobacco Given “Outperform” Rating at BNP Paribas (BATS)
British American Tobacco (LON:BATS)‘s stock had its “outperform” rating reaffirmed by stock analysts at BNP Paribas in a report issued on Thursday, American Banking News.com reports. They currently have a GBX 3,600 ($59.33) price objective on the stock. BNP Paribas’ target price points to a potential upside of 16.73% from the stock’s previous close.
British American Tobacco (LON:BATS) traded up 0.03% on Thursday, hitting GBX 3085.00. The stock had a trading volume of 2,374,586 shares. British American Tobacco has a 52 week low of GBX 3018.00 and a 52 week high of GBX 3807.50. The stock’s 50-day moving average is GBX 3179.68 and its 200-day moving average is GBX 3324.. The company’s market cap is £58.832 billion.
BATS has been the subject of a number of other recent research reports. Analysts at Macquarie reiterated an “outperform” rating on shares of British American Tobacco in a research note to investors on Tuesday. They now have a GBX 3,602 ($59.36) price target on the stock. Separately, analysts at Nomura cut their price target on shares of British American Tobacco from GBX 3,720 ($61.31) to GBX 3,640 ($59.99) in a research note to investors on Monday. They now have a “buy” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of British American Tobacco in a research note to investors on Monday. They now have a GBX 3,800 ($62.62) price target on the stock. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and sixteen have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 3,704.02 ($61.04).
British American Tobacco p.l.c. (LON:BATS) is a holding company.
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