British American Tobacco plc (LON:BATS) had its price objective raised by Credit Suisse Group AG from GBX 5,050 ($65.92) to GBX 5,200 ($67.88) in a research note released on Wednesday morning. Credit Suisse Group AG currently has an outperform rating on the stock.
A number of other research analysts have also recently commented on the company. Barclays PLC reiterated an equal weight rating and issued a GBX 4,975 ($64.94) price objective on shares of British American Tobacco plc in a report on Wednesday, September 14th. Goldman Sachs Group Inc. reiterated a conviction-buy rating and issued a GBX 5,300 ($69.18) price objective on shares of British American Tobacco plc in a report on Tuesday, September 13th. Royal Bank Of Canada reiterated an underperform rating and issued a GBX 4,000 ($52.21) price objective on shares of British American Tobacco plc in a report on Friday, September 9th. Deutsche Bank AG upped their price objective on British American Tobacco plc from GBX 5,300 ($69.18) to GBX 5,500 ($71.79) and gave the company a buy rating in a report on Friday, September 9th. Finally, Investec upgraded British American Tobacco plc to a buy rating and upped their price target for the stock from GBX 4,000 ($52.21) to GBX 5,200 ($67.88) in a research note on Thursday, September 8th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. British American Tobacco plc presently has an average rating of Hold and an average price target of GBX 4,863.15 ($63.48).
British American Tobacco plc (LON:BATS) opened at 4885.00 on Wednesday. The stock’s market capitalization is GBX 90.76 billion. The stock has a 50 day moving average price of GBX 4,818.86 and a 200-day moving average price of GBX 4,460.98. British American Tobacco plc has a one year low of GBX 3,505.00 and a one year high of GBX 5,135.00.
The firm also recently announced a dividend, which will be paid on Wednesday, September 28th. Stockholders of record on Thursday, August 18th will be paid a dividend of GBX 51.30 ($0.67) per share. The ex-dividend date is Thursday, August 18th. This represents a dividend yield of 1.07%.
In other news, insider Helmes,Marion acquired 900 shares of British American Tobacco plc stock in a transaction that occurred on Thursday, September 1st. The stock was purchased at an average price of GBX 4,758 ($62.11) per share, for a total transaction of £42,822 ($55,896.10). Also, insider Jack Bowles sold 511 shares of the firm’s stock in a transaction dated Thursday, August 18th. The shares were sold at an average price of GBX 4,840 ($63.18), for a total transaction of £24,732.40 ($32,283.51).
British American Tobacco plc Company Profile
British American Tobacco p.l.c. is a tobacco company. The Company is engaged in manufacturing and marketing cigarettes and other tobacco products. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA). The Company’s brands include Dunhill, Kent, Lucky Strike, Pall Mall and Rothmans.
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.