British American Tobacco plc (LON:BATS) received a GBX 5,670 ($74.82) price objective from UBS AG in a research report issued on Tuesday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS AG’s price objective suggests a potential upside of 16.50% from the stock’s current price.

Several other equities research analysts have also weighed in on the company. Deutsche Bank AG reissued a “buy” rating and issued a GBX 6,000 ($79.18) price objective on shares of British American Tobacco plc in a report on Monday, July 31st. Credit Suisse Group decreased their price objective on British American Tobacco plc from GBX 6,100 ($80.50) to GBX 5,800 ($76.54) and set an “outperform” rating for the company in a report on Tuesday, October 10th. Jefferies Group LLC reissued a “buy” rating and issued a GBX 6,500 ($85.77) price objective on shares of British American Tobacco plc in a report on Thursday, August 24th. Goldman Sachs Group, Inc. (The) decreased their price objective on British American Tobacco plc from GBX 5,400 ($71.26) to GBX 5,340 ($70.47) and set a “neutral” rating for the company in a report on Thursday, September 21st. Finally, Citigroup Inc. reissued a “buy” rating and issued a GBX 6,400 ($84.46) price objective on shares of British American Tobacco plc in a report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of GBX 5,617.50 ($74.13).

British American Tobacco plc (LON:BATS) opened at 4812.00 on Tuesday. The firm’s market capitalization is GBX 89.41 billion. British American Tobacco plc has a 12-month low of GBX 4,237.00 and a 12-month high of GBX 5,643.60. The firm has a 50 day moving average of GBX 4,769.24 and a 200 day moving average of GBX 5,127.80.

WARNING: “UBS AG Reiterates “GBX 5,670” Price Target for British American Tobacco plc (BATS)” was published by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/10/24/ubs-ag-reiterates-gbx-5670-price-target-for-british-american-tobacco-plc-bats.html.

In related news, insider Alan Davy purchased 36 shares of the firm’s stock in a transaction on Monday, October 9th. The shares were acquired at an average cost of GBX 4,816 ($63.55) per share, with a total value of £1,733.76 ($2,287.89). Also, insider Naresh Sethi sold 7,035 shares of British American Tobacco plc stock in a transaction that occurred on Wednesday, October 11th. The stock was sold at an average price of GBX 4,898 ($64.63), for a total value of £344,574.30 ($454,703.48). Insiders purchased a total of 45 shares of company stock valued at $216,396 in the last 90 days.

British American Tobacco plc Company Profile

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.