British American Tobacco PLC Lowered to “Hold” at Renaissance Capital (BTI)
British American Tobacco PLC (NYSE:BTI) was downgraded by Renaissance Capital from a “buy” rating to a “hold” rating in a research note issued on Friday, Analyst Ratings.Net reports.
Shares of British American Tobacco PLC (NYSE:BTI) opened at 114.94 on Friday. British American Tobacco PLC has a one year low of $94.19 and a one year high of $115.82. The stock’s 50-day moving average is $110.7 and its 200-day moving average is $106.2. The company has a market cap of $108.4 billion and a price-to-earnings ratio of 16.66.
A number of other firms have also recently commented on BTI. Analysts at Goldman Sachs downgraded shares of British American Tobacco PLC from a “buy” rating to a “neutral” rating in a research note on Monday, March 3rd. Analysts at Citigroup Inc. cut their price target on shares of British American Tobacco PLC in a research note on Friday, February 21st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold”.
British American Tobacco p.l.c. (NYSE:BTI) is a holding company.
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