Share on StockTwits

British American Tobacco PLC (NYSE:BTI) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 239,484 shares, a decrease of 29.6% from the June 13th total of 340,210 shares, AnalystRatingsNetwork reports. Based on an average daily trading volume, of 174,118 shares, the short-interest ratio is currently 1.4 days. Currently, 0.0% of the shares of the company are sold short.

Several analysts have recently commented on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of British American Tobacco PLC in a research note on Monday, June 30th. They now have a $133.00 price target on the stock, up previously from $116.00. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of British American Tobacco PLC in a research note on Friday, May 30th. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of British American Tobacco PLC in a research note on Tuesday, May 27th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $133.00.

British American Tobacco PLC (NYSE:BTI) opened at 121.55 on Monday. British American Tobacco PLC has a 1-year low of $94.19 and a 1-year high of $123.02. The stock’s 50-day moving average is $120.3 and its 200-day moving average is $111.1. The company has a market cap of $114.7 billion and a P/E ratio of 17.33.

British American Tobacco p.l.c. (NYSE:BTI) is a holding company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.