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British American Tobacco plc (LON:BATS)‘s stock had its “underperform” rating reaffirmed by research analysts at RBC Capital in a report released on Wednesday. They currently have a GBX 2,600 ($43.02) target price on the stock. RBC Capital’s price target suggests a potential downside of 26.36% from the company’s current price.

Shares of British American Tobacco plc (LON:BATS) opened at 3504.00 on Wednesday. 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 3510.88 and a 200-day moving average of GBX 3413.. The company’s market cap is £65.322 billion.

The company also recently declared a dividend, which is scheduled for Tuesday, September 30th. Stockholders of record on Wednesday, August 20th will be given a dividend of GBX 47.50 ($0.79) per share. This represents a yield of 1.34%. The ex-dividend date of this dividend is Wednesday, August 20th.

A number of other firms have also recently commented on BATS. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of British American Tobacco plc in a research note on Monday, August 11th. They now have a GBX 2,925 ($48.40) 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 ($63.71) 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 ($62.88) price target on the stock. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 3,595.64 ($59.50).

British American Tobacco p.l.c. (LON:BATS) is a holding company.

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