British American Tobacco Plc Ads (BATS) Earns “Neutral” Rating from Citigroup

Citigroup restated their neutral rating on shares of British American Tobacco Plc Ads (LON:BATS) in a research note released on Wednesday.

Several other research analysts have also recently issued reports on the stock. Royal Bank of Canada cut shares of British American Tobacco Plc Ads to an underperform rating in a report on Monday, September 3rd. Goldman Sachs Group set a GBX 5,250 ($68.60) price target on shares of British American Tobacco Plc Ads and gave the stock a buy rating in a report on Tuesday, September 4th. Credit Suisse Group increased their price target on shares of British American Tobacco Plc Ads from GBX 5,200 ($67.95) to GBX 5,250 ($68.60) and gave the stock an outperform rating in a report on Monday, July 30th. Barclays raised shares of British American Tobacco Plc Ads to an overweight rating and set a GBX 5,000 ($65.33) price target for the company in a report on Friday, August 10th. Finally, JPMorgan Chase & Co. reissued a buy rating on shares of British American Tobacco Plc Ads in a report on Tuesday, September 4th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of GBX 4,791.11 ($62.60).

LON BATS opened at GBX 3,299.50 ($43.11) on Wednesday. British American Tobacco Plc Ads has a 52-week low of GBX 4,064 ($53.10) and a 52-week high of GBX 5,643.60 ($73.74).

The business also recently announced a dividend, which will be paid on Thursday, November 15th. Shareholders of record on Thursday, October 4th will be given a dividend of GBX 48.80 ($0.64) per share. The ex-dividend date of this dividend is Thursday, October 4th. This represents a yield of 1.17%.

In other British American Tobacco Plc Ads news, insider Kingsley Wheaton sold 1,645 shares of the company’s stock in a transaction dated Thursday, August 9th. The shares were sold at an average price of GBX 4,191 ($54.76), for a total transaction of £68,941.95 ($90,084.87).

British American Tobacco Plc Ads Company Profile

British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide. It manufactures vapour and tobacco heating products; oral tobacco and nicotine products, such as snus and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.

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Analyst Recommendations for British American Tobacco Plc Ads (LON:BATS)

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