British American Tobacco plc Receives Consensus Rating of “Hold” from Brokerages (LON:BATS)
Shares of British American Tobacco plc (LON:BATS) have been given an average recommendation of “Hold” by the twenty-six analysts that are covering the stock, AnalystRatingsNetwork reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 3,595.64 ($60.32).
Shares of British American Tobacco plc (LON:BATS) opened at 3531.4998 on Monday. British American Tobacco plc has a one year low of GBX 2871.00 and a one year high of GBX 3625.00. The stock has a 50-day moving average of GBX 3510.91 and a 200-day moving average of GBX 3377.. The company’s market cap is £65.835 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, September 30th. Stockholders of record on Wednesday, August 20th will be paid a dividend of GBX 47.50 ($0.80) per share. This represents a dividend yield of 1.34%. The ex-dividend date is Wednesday, August 20th.
A number of research firms have recently commented on BATS. Analysts at RBC Capital reiterated an “underperform” rating on shares of British American Tobacco plc in a research note on Friday. They now have a GBX 2,600 ($43.62) 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. They now have a GBX 2,925 ($49.07) price target on the stock. Finally, analysts at Berenberg Bank reiterated a “buy” rating on shares of British American Tobacco plc in a research note on Friday, August 8th. They now have a GBX 3,850 ($64.59) price target on the stock.
British American Tobacco p.l.c. (LON:BATS) is a holding company.
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