British American Tobacco plc Stock Rating Reaffirmed by RBC Capital (BATS)
British American Tobacco plc (LON:BATS)‘s stock had its “underperform” rating restated by research analysts at RBC Capital in a report released on Friday. They currently have a GBX 2,600 ($43.62) price target on the stock. RBC Capital’s price target suggests a potential downside of 25.26% from the company’s current price.
A number of other analysts have also recently weighed in on BATS. 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. Separately, 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. Finally, analysts at Nomura reiterated a “buy” rating on shares of British American Tobacco plc in a research note on Wednesday, August 6th. They now have a GBX 3,800 ($63.75) price target on the stock. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the company’s stock. British American Tobacco plc currently has an average rating of “Hold” and an average price target of GBX 3,595.64 ($60.32).
British American Tobacco plc (LON:BATS) opened at 3533.50 on Friday. British American Tobacco plc has a 52 week low of GBX 2871.00 and a 52 week 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 £65.872 billion.
The company also recently declared a dividend, which is scheduled for Tuesday, September 30th. Shareholders of record on Wednesday, August 20th will be given a dividend of GBX 47.50 ($0.80) per share. This represents a yield of 1.34%. The ex-dividend date of this dividend is Wednesday, August 20th.
British American Tobacco p.l.c. (LON:BATS) is a holding company.
Receive News & Ratings for British American Tobacco plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco plc and related companies with Analyst Ratings Network's FREE daily email newsletter.