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).

In other British American Tobacco news, insider Tadeu Marroco bought 2,980 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The stock was purchased at an average price of GBX 4,985 ($67.09) per share, with a total value of £148,553 ($199,936.74). Also, insider Andrew Gray sold 8,993 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of GBX 4,951 ($66.64), for a total transaction of £445,243.43 ($599,250.92). In the last three months, insiders have purchased 3,025 shares of company stock valued at $15,072,218.

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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).

Analyst Recommendations for British American Tobacco (LON:BATS)

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