British American Tobacco (LON:BATS) Price Target Raised to GBX 4,150

British American Tobacco (LON:BATS) had its target price hoisted by JPMorgan Chase & Co. from GBX 3,300 to GBX 4,150 in a research note released on Wednesday, Marketbeat reports. The brokerage currently has a neutral rating on the stock.

BATS has been the topic of a number of other research reports. Citigroup restated a “buy” rating on shares of British American Tobacco in a report on Wednesday, July 30th. Jefferies Financial Group upped their target price on British American Tobacco from GBX 4,800 to GBX 5,200 and gave the company a “buy” rating in a report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft lifted their price target on British American Tobacco from GBX 4,200 to GBX 4,400 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Finally, Royal Bank Of Canada cut shares of British American Tobacco to an “underperform” rating and increased their price objective for the company from GBX 3,000 to GBX 3,400 in a research note on Tuesday, September 2nd. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of GBX 4,500.

British American Tobacco Price Performance

Shares of BATS opened at GBX 4,410.69 on Wednesday. The firm has a market capitalization of £96.02 billion, a PE ratio of 31.66, a P/E/G ratio of 3.12 and a beta of 0.27. The stock’s 50 day moving average is GBX 3,995.90 and its two-hundred day moving average is GBX 3,864.80. British American Tobacco has a twelve month low of GBX 2,838 and a twelve month high of GBX 4,806. The company has a current ratio of 0.88, a quick ratio of 0.47 and a debt-to-equity ratio of 74.63.

About British American Tobacco

BAT was founded in 1902 and was first listed on the London Stock Exchange in 1912. A constituent of the FTSE 100 since its creation in 1984, we have evolved, becoming the only truly global company in our sector.

BAT is transforming and is well positioned with a global footprint and multi-category portfolio.