Goldman Sachs Group, Inc. (The) Reaffirms “Neutral” Rating for British American Tobacco PLC (NYSEMKT:BTI)
British American Tobacco PLC (NYSEMKT:BTI)‘s stock had its “neutral” rating reaffirmed by investment analysts at Goldman Sachs Group, Inc. (The) in a note issued to investors on Friday, StockTargetPrices.com reports.
BTI has been the topic of a number of other reports. BidaskClub cut shares of British American Tobacco PLC from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 10th. J P Morgan Chase & Co restated an “overweight” rating on shares of British American Tobacco PLC in a report on Thursday, August 3rd. Piper Jaffray Companies initiated coverage on shares of British American Tobacco PLC in a report on Thursday, May 25th. They issued an “overweight” rating on the stock. Finally, Investec upgraded shares of British American Tobacco PLC from a “hold” rating to a “buy” rating in a report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $72.00.
British American Tobacco PLC (BTI) traded up 0.183% during trading on Friday, hitting $62.995. 2,520,098 shares of the company traded hands. The stock has a market capitalization of $117.04 billion and a PE ratio of 20.991. British American Tobacco PLC has a 52 week low of $60.15 and a 52 week high of $130.40. The company’s 50 day moving average is $67.53 and its 200-day moving average is $73.84.
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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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