British American Tobacco plc (BATS) PT Set at GBX 5,400 by Goldman Sachs Group, Inc. (The)
British American Tobacco plc (LON:BATS) has been assigned a GBX 5,400 ($70.32) price objective by equities research analysts at Goldman Sachs Group, Inc. (The) in a report issued on Friday. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group, Inc. (The)’s price target would suggest a potential upside of 10.14% from the company’s current price.
Several other equities analysts have also recently commented on BATS. Whitman Howard reaffirmed a “hold” rating and issued a GBX 5,300 ($69.02) price target on shares of British American Tobacco plc in a report on Thursday, April 13th. Jefferies Group LLC upped their price target on British American Tobacco plc from GBX 5,800 ($75.53) to GBX 6,600 ($85.95) and gave the company a “buy” rating in a report on Wednesday, April 19th. UBS AG set a GBX 5,300 ($69.02) target price on British American Tobacco plc and gave the stock a “buy” rating in a report on Wednesday, April 19th. Citigroup Inc. reissued a “buy” rating and issued a GBX 6,000 ($78.14) target price on shares of British American Tobacco plc in a report on Tuesday, May 9th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 5,670 ($73.84) target price on shares of British American Tobacco plc in a report on Monday, May 15th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the stock. British American Tobacco plc currently has a consensus rating of “Buy” and a consensus target price of GBX 5,632.35 ($73.35).
British American Tobacco plc (LON BATS) opened at 4874.50 on Friday. The company’s 50-day moving average price is GBX 5,216.59 and its 200-day moving average price is GBX 5,232.80. British American Tobacco plc has a 52-week low of GBX 2,879.89 and a 52-week high of GBX 5,643.60. The firm’s market cap is GBX 90.57 billion.
In other British American Tobacco plc news, insider Alan Davy purchased 21 shares of the firm’s stock in a transaction that occurred on Monday, July 10th. The shares were acquired at an average cost of GBX 5,203 ($67.76) per share, for a total transaction of £1,092.63 ($1,422.88). Also, insider Jack Bowles purchased 9,000 shares of the firm’s stock in a transaction that occurred on Friday, June 23rd. The shares were acquired at an average price of GBX 5,487 ($71.45) per share, for a total transaction of £493,830 ($643,091.55). Over the last 90 days, insiders have purchased 9,029 shares of company stock worth $49,533,494.
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).
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