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.

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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).

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

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