British American Tobacco plc (LON:BATS)‘s stock had its “hold” rating reiterated by analysts at Investec in a research report issued to clients and investors on Wednesday, July 12th. They currently have a GBX 5,500 ($71.62) target price on the stock. Investec’s target price would suggest a potential upside of 10.22% from the stock’s current price.
A number of other analysts also recently weighed in on BATS. Barclays PLC reissued an “equal weight” rating and set a GBX 5,200 ($67.72) price target on shares of British American Tobacco plc in a research report on Friday, March 31st. BNP Paribas set a GBX 6,000 ($78.14) price target on shares of British American Tobacco plc and gave the stock a “buy” rating in a research report on Thursday, April 6th. Whitman Howard restated a “hold” rating and set a GBX 5,300 ($69.02) price objective on shares of British American Tobacco plc in a research note on Thursday, April 13th. Jefferies Group LLC raised their price objective on British American Tobacco plc from GBX 5,800 ($75.53) to GBX 6,600 ($85.95) and gave the stock a “buy” rating in a research note on Wednesday, April 19th. Finally, UBS AG set a GBX 5,300 ($69.02) price objective on British American Tobacco plc and gave the stock a “buy” rating in a research note on Wednesday, April 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 5,638.24 ($73.42).
British American Tobacco plc (LON BATS) traded down 1.29% during mid-day trading on Wednesday, hitting GBX 4990.00. 3,473,651 shares of the stock were exchanged. The stock’s market cap is GBX 92.71 billion. British American Tobacco plc has a 52-week low of GBX 4,237.00 and a 52-week high of GBX 5,643.60. The stock’s 50 day moving average is GBX 5,250.38 and its 200 day moving average is GBX 5,233.61.
In other British American Tobacco plc news, insider Jack Bowles purchased 75,000 shares of the company’s stock in a transaction on Wednesday, May 10th. The shares were bought at an average cost of GBX 5,296 ($68.97) per share, with a total value of £3,972,000 ($5,172,548.51). Also, insider Alan Davy purchased 21 shares of the company’s stock in a transaction on Monday, July 10th. The stock was acquired at an average cost of GBX 5,203 ($67.76) per share, for a total transaction of £1,092.63 ($1,422.88). Over the last quarter, insiders have bought 84,029 shares of company stock valued at $446,733,494.
British American Tobacco plc Company Profile
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).
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