British American Tobacco plc Rating Reiterated by Canaccord Genuity (BATS)
British American Tobacco plc (LON:BATS)‘s stock had its “sell” rating restated by Canaccord Genuity in a research note issued on Wednesday. They currently have a GBX 2,925 ($48.54) price objective on the stock. Canaccord Genuity’s price objective would suggest a potential downside of 17.96% from the company’s current price.
Shares of British American Tobacco plc (LON:BATS) opened at 3583.0002 on Wednesday. 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 3511. and a 200-day moving average of GBX 3433.32. The company’s market cap is £66.795 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 ($0.79) per share. This represents a yield of 1.34%. The ex-dividend date of this dividend is Wednesday, August 20th.
A number of other analysts have also recently weighed in on BATS. Analysts at RBC Capital reiterated an “underperform” rating on shares of British American Tobacco plc in a research note on Wednesday, August 27th. They now have a GBX 2,600 ($43.15) 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 ($63.89) price target on the stock. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have issued a buy rating to the company. British American Tobacco plc presently has a consensus rating of “Hold” and an average price target of GBX 3,595.64 ($59.67).
British American Tobacco p.l.c. (LON:BATS) is a holding company.
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