British American Tobacco plc (LON:BATS) had its price objective upped by Jefferies Group from GBX 5,800 ($71.78) to GBX 6,000 ($74.26) in a research note released on Tuesday. The brokerage currently has a buy rating on the stock.
Other analysts have also issued research reports about the stock. Deutsche Bank AG lifted their target price on shares of British American Tobacco plc from GBX 4,500 ($55.69) to GBX 5,000 ($61.88) and gave the stock a buy rating in a report on Wednesday, July 6th. Citigroup Inc. reaffirmed a buy rating and set a GBX 5,800 ($71.78) target price on shares of British American Tobacco plc in a report on Wednesday, July 6th. Goldman Sachs Group Inc. set a GBX 5,340 ($66.09) target price on shares of British American Tobacco plc and gave the stock a buy rating in a report on Tuesday, July 5th. Societe Generale reaffirmed a buy rating and set a GBX 4,700 ($58.17) target price on shares of British American Tobacco plc in a report on Monday, June 27th. Finally, Berenberg Bank reaffirmed a buy rating and set a GBX 4,285 ($53.03) target price on shares of British American Tobacco plc in a report on Tuesday, June 14th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have given a buy rating to the stock. British American Tobacco plc currently has a consensus rating of Hold and a consensus target price of GBX 4,903.15 ($60.68).
British American Tobacco plc (LON:BATS) opened at 4880.525 on Tuesday. The firm’s market capitalization is GBX 90.68 billion. British American Tobacco plc has a 1-year low of GBX 3,536.00 and a 1-year high of GBX 5,135.00. The stock has a 50 day moving average of GBX 4,828.74 and a 200-day moving average of GBX 4,538.58.
The company also recently disclosed a dividend, which was paid on Wednesday, September 28th. Stockholders of record on Thursday, August 18th were paid a dividend of GBX 51.30 ($0.63) per share. The ex-dividend date of this dividend was Thursday, August 18th. This represents a dividend yield of 1.07%.
In related news, insider Helmes,Marion purchased 3,600 shares of the firm’s stock in a transaction that occurred on Friday, September 2nd. The shares were acquired at an average price of GBX 4,809 ($59.52) per share, for a total transaction of £173,124 ($214,262.38). Also, insider Jack Bowles sold 511 shares of the company’s stock in a transaction dated Thursday, August 18th. The shares were sold at an average price of GBX 4,840 ($59.90), for a total transaction of £24,732.40 ($30,609.41).
About British American Tobacco plc
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.
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