British American Tobacco Upgraded to “Buy” by Renaissance Capital (BATS)
British American Tobacco (LON:BATS) was upgraded by equities researchers at Renaissance Capital to a “buy” rating in a research report issued on Friday, Stock Ratings Network reports.
BATS has been the subject of a number of other recent research reports. Analysts at Goldman Sachs Group Inc. cut their price target on shares of British American Tobacco from GBX 4,120 ($67.89) to GBX 3,420 ($56.35) in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, analysts at Avior Research reiterated a “neutral” rating on shares of British American Tobacco in a research note to investors on Monday, January 20th. They now have a GBX 3,463.72 ($57.07) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of British American Tobacco in a research note to investors on Friday, January 17th. They now have a GBX 3,850 ($63.44) price target on the stock. One analyst has rated the stock with a sell rating, ten have issued a hold rating and seventeen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 3,653.15 ($60.19).
British American Tobacco (LON:BATS) traded up 0.92% on Friday, hitting GBX 2916.00. The stock had a trading volume of 4,703,287 shares. British American Tobacco has a 52 week low of GBX 2871.00 and a 52 week high of GBX 3807.50. The stock has a 50-day moving average of GBX 3129. and a 200-day moving average of GBX 3292.12. The company’s market cap is £55.609 billion.
British American Tobacco p.l.c. (LON:BATS) is a holding company.
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