British American Tobacco plc Stock Rating Reaffirmed by RBC Capital (BATS)
British American Tobacco plc (LON:BATS)‘s stock had its “underperform” rating reaffirmed by equities researchers at RBC Capital in a research report issued on Wednesday. They currently have a GBX 2,600 ($43.73) target price on the stock. RBC Capital’s price target suggests a potential downside of 25.79% from the company’s current price.
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 plc in a research note on Tuesday. They now have a GBX 3,700 ($62.24) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “sell” rating on shares of British American Tobacco plc in a research note on Monday, May 12th. They now have a GBX 2,900 ($48.78) price target on the stock. Finally, analysts at Investec cut their price target on shares of British American Tobacco plc from GBX 3,450 ($58.03) to GBX 3,400 ($57.19) in a research note on Thursday, May 8th. They now have a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have issued a buy rating to the company. British American Tobacco plc currently has a consensus rating of “Hold” and an average price target of GBX 3,585.12 ($60.30).
British American Tobacco plc (LON:BATS) opened at 3505.50 on Wednesday. British American Tobacco plc has a 1-year low of GBX 2871.00 and a 1-year high of GBX 3807.50. The stock’s 50-day moving average is GBX 3416. and its 200-day moving average is GBX 3250.92. The company’s market cap is £66.150 billion.
British American Tobacco p.l.c. (LON:BATS) is a holding company.
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