British American Tobacco PLC (BTI) Stock Rating Lowered by BidaskClub
British American Tobacco PLC (NYSEMKT:BTI) was downgraded by investment analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued on Saturday.
Other research analysts also recently issued reports about the stock. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating on shares of British American Tobacco PLC in a report on Friday, August 11th. Investec upgraded shares of British American Tobacco PLC from a “hold” rating to a “buy” rating in a report on Friday, August 4th. Piper Jaffray Companies assumed coverage on shares of British American Tobacco PLC in a report on Thursday, May 25th. They set an “overweight” rating for the company. Finally, J P Morgan Chase & Co reiterated an “overweight” rating on shares of British American Tobacco PLC in a report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the stock. British American Tobacco PLC currently has an average rating of “Buy” and an average target price of $72.00.
Shares of British American Tobacco PLC (NYSEMKT BTI) traded down 0.90% on Friday, reaching $60.80. The company’s stock had a trading volume of 2,919,541 shares. The firm has a 50 day moving average of $66.28 and a 200 day moving average of $71.29. The company has a market cap of $112.97 billion and a PE ratio of 20.57. British American Tobacco PLC has a 52-week low of $60.15 and a 52-week high of $130.40.
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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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