British American Tobacco plc (LON:BATS) has been given a consensus recommendation of “Buy” by the seventeen ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and twelve have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 5,564 ($72.49).

A number of research analysts have recently issued reports on BATS shares. Credit Suisse Group reissued an “outperform” rating and issued a GBX 6,100 ($79.47) target price on shares of British American Tobacco plc in a report on Tuesday, May 30th. Berenberg Bank reissued a “buy” rating and issued a GBX 5,670 ($73.87) target price on shares of British American Tobacco plc in a report on Tuesday, May 23rd. Whitman Howard reissued a “hold” rating and issued a GBX 5,300 ($69.05) target price on shares of British American Tobacco plc in a report on Wednesday, June 14th. Citigroup Inc. reissued a “buy” rating on shares of British American Tobacco plc in a report on Saturday, May 20th. Finally, BNP Paribas set a GBX 6,000 ($78.17) target price on British American Tobacco plc and gave the company a “buy” rating in a report on Thursday, April 6th.

In other British American Tobacco plc news, insider Ricardo Oberlander sold 6,719 shares of the business’s stock in a transaction on Friday, May 12th. The stock was sold at an average price of GBX 5,371 ($69.97), for a total transaction of £360,877.49 ($470,137.43). Also, insider Jack Bowles bought 75,000 shares of the firm’s stock in a transaction on Wednesday, May 10th. The shares were purchased at an average price of GBX 5,296 ($68.99) per share, for a total transaction of £3,972,000 ($5,174,570.09). Over the last 90 days, insiders purchased 84,029 shares of company stock worth $446,734,832.

TRADEMARK VIOLATION WARNING: “British American Tobacco plc (BATS) Receives Average Rating of “Buy” from Analysts” was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this piece can be accessed at https://www.americanbankingnews.com/2017/07/24/british-american-tobacco-plc-bats-receives-average-rating-of-buy-from-analysts.html.

British American Tobacco plc (LON BATS) traded down 1.31% during mid-day trading on Monday, reaching GBX 5413.00. 62,121,105 shares of the company were exchanged. The stock has a 50 day moving average of GBX 5,395.56 and a 200-day moving average of GBX 5,191.02. The stock’s market capitalization is GBX 100.64 billion. British American Tobacco plc has a one year low of GBX 4,237.00 and a one year high of GBX 5,643.60.

About British American Tobacco plc

British American Tobacco p.l.c. is a tobacco and next generation products company. The Company’s tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).

Analyst Recommendations for British American Tobacco plc (LON:BATS)

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 MarketBeat.com's FREE daily email newsletter.