British American Tobacco plc Stock Rating Reaffirmed by Jefferies Group (BATS)
British American Tobacco plc (LON:BATS)‘s stock had its “buy” rating restated by research analysts at Jefferies Group in a report released on Wednesday. They currently have a GBX 3,900 ($66.77) target price on the stock. Jefferies Group’s price target would suggest a potential upside of 11.16% from the stock’s previous close.
Shares of British American Tobacco plc (LON:BATS) traded down 0.67% during mid-day trading on Wednesday, hitting GBX 3508.50. 2,991,659 shares of the company’s stock traded hands. British American Tobacco plc has a 52 week low of GBX 2871.00 and a 52 week high of GBX 3625.00. The stock’s 50-day moving average is GBX 3546. and its 200-day moving average is GBX 3327.40. The company’s market cap is £66.206 billion.
A number of other analysts have also recently weighed in on BATS. Analysts at Barclays reiterated an “overweight” rating on shares of British American Tobacco plc in a research note on Thursday, July 10th. Separately, analysts at Nomura cut their price target on shares of British American Tobacco plc from GBX 3,700 ($63.35) to GBX 3,670 ($62.83) in a research note on Thursday, July 10th. They now have a “buy” rating on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of British American Tobacco plc in a research note on Tuesday, July 1st. They now have a GBX 3,700 ($63.35) price target on the stock. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 3,594.18 ($61.53).
British American Tobacco p.l.c. (LON:BATS) 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.