British American Tobacco (BATS) Given a GBX 5,800 Price Target at UBS
British American Tobacco (LON:BATS) received a GBX 5,800 ($78.06) price objective from stock analysts at UBS in a report released on Wednesday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS’s target price suggests a potential upside of 15.33% from the company’s previous close.
A number of other research analysts have also issued reports on BATS. Barclays restated an “equal weight” rating and issued a GBX 5,300 ($71.33) target price on shares of British American Tobacco in a report on Tuesday, August 15th. J P Morgan Chase & Co upped their target price on shares of British American Tobacco from GBX 5,420 ($72.95) to GBX 5,610 ($75.50) and gave the company an “overweight” rating in a report on Wednesday, August 23rd. Jefferies Group reiterated a “buy” rating and set a GBX 6,500 ($87.48) price objective on shares of British American Tobacco in a report on Thursday, August 24th. Goldman Sachs Group cut their price objective on shares of British American Tobacco from GBX 5,400 ($72.68) to GBX 5,340 ($71.87) and set a “neutral” rating on the stock in a report on Thursday, September 21st. Finally, Deutsche Bank reiterated a “buy” rating and set a GBX 6,000 ($80.75) price objective on shares of British American Tobacco in a report on Thursday, October 5th. Five research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of GBX 5,619 ($75.63).
British American Tobacco (LON:BATS) traded down GBX 15 ($0.20) during trading hours on Wednesday, reaching GBX 5,029 ($67.69). 3,921,560 shares of the company’s stock were exchanged, compared to its average volume of 3,320,000. British American Tobacco has a 52 week low of GBX 4,345.50 ($58.49) and a 52 week high of GBX 5,643.60 ($75.96).
About British American Tobacco
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).
Receive News & Ratings for British American Tobacco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco and related companies with MarketBeat.com's FREE daily email newsletter.