British American Tobacco’s “Overweight” Rating Reaffirmed at Barclays (BATS)
British American Tobacco (LON:BATS)‘s stock had its “overweight” rating reiterated by equities research analysts at Barclays in a research note issued to investors on Friday, Analyst RN reports. They currently have a GBX 3,850 ($63.45) price target on the stock. Barclays’ target price would indicate a potential upside of 25.20% from the company’s current price.
British American Tobacco (LON:BATS) traded down 0.32% on Friday, hitting GBX 3075.00. The stock had a trading volume of 4,119,081 shares. British American Tobacco has a 52 week low of GBX 3018.00 and a 52 week high of GBX 3807.50. The stock has a 50-day moving average of GBX 3174.34 and a 200-day moving average of GBX 3322.57. The company’s market cap is £58.641 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated an “outperform” rating on shares of British American Tobacco in a research note to investors on Thursday. They now have a GBX 3,600 ($59.33) price target on the stock. Separately, 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. Finally, 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. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and sixteen have given a buy rating to the company’s stock. British American Tobacco has an average rating of “Buy” and an average price target of GBX 3,697.50 ($60.93).
British American Tobacco p.l.c. (LON:BATS) is a holding company.
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