British American Tobacco Receives “Buy” Rating from Citigroup Inc. (BATS)
British American Tobacco (LON:BATS)‘s stock had its “buy” rating restated by equities research analysts at Citigroup Inc. in a research note issued to investors on Monday, AnalystRatingsNetwork.com reports. They currently have a GBX 3,800 ($62.62) target price on the stock. Citigroup Inc.’s price objective indicates a potential upside of 23.58% from the company’s current price.
British American Tobacco (LON:BATS) opened at 3075.00 on Monday. British American Tobacco has a one year low of GBX 3018.00 and a one year high of GBX 3807.50. The stock’s 50-day moving average is GBX 3174.34 and its 200-day moving average is GBX 3322.57. The company’s market cap is £58.641 billion.
BATS has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of British American Tobacco in a research note to investors on Thursday, January 9th. They now have a GBX 3,000 ($49.44) price target on the stock. Separately, analysts at Investec cut their price target on shares of British American Tobacco from GBX 3,550 ($58.50) to GBX 3,450 ($56.86) in a research note to investors on Tuesday, January 7th. They now have a “hold” rating on the stock. Finally, analysts at First Global initiated coverage on shares of British American Tobacco in a research note to investors on Monday, December 23rd. They set a “market perform” rating on the stock. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and sixteen have issued a buy rating to the company. The company 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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