Deutsche Bank Reaffirms “Buy” Rating for British American Tobacco Plc Ads (LON:BATS)

Deutsche Bank restated their buy rating on shares of British American Tobacco Plc Ads (LON:BATS) in a research report report published on Friday morning, Borsen Zeitung reports. They currently have a GBX 4,000 ($52.27) target price on the stock.

A number of other equities research analysts also recently commented on BATS. Barclays reaffirmed an overweight rating on shares of British American Tobacco Plc Ads in a report on Wednesday, June 5th. Credit Suisse Group set a GBX 4,150 ($54.23) target price on British American Tobacco Plc Ads and gave the stock a buy rating in a report on Tuesday, August 6th. Morgan Stanley reaffirmed an underweight rating on shares of British American Tobacco Plc Ads in a report on Monday, July 15th. Royal Bank of Canada set a GBX 2,800 ($36.59) target price on British American Tobacco Plc Ads and gave the stock a neutral rating in a report on Thursday, August 1st. Finally, JPMorgan Chase & Co. set a GBX 3,600 ($47.04) target price on British American Tobacco Plc Ads and gave the stock a buy rating in a report on Wednesday, August 28th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of GBX 3,768 ($49.24).

British American Tobacco Plc Ads stock opened at GBX 2,904 ($37.95) on Friday. The company has a quick ratio of 0.38, a current ratio of 0.73 and a debt-to-equity ratio of 76.74. British American Tobacco Plc Ads has a 52 week low of GBX 2,336.50 ($30.53) and a 52 week high of GBX 3,801 ($49.67). The company has a market capitalization of $66.61 billion and a price-to-earnings ratio of 10.81. The stock has a 50-day moving average price of GBX 2,995.04 and a 200 day moving average price of GBX 2,976.42.

The business also recently declared a dividend, which will be paid on Thursday, November 14th. Shareholders of record on Thursday, October 3rd will be issued a GBX 50.75 ($0.66) dividend. This represents a yield of 1.61%. The ex-dividend date of this dividend is Thursday, October 3rd. British American Tobacco Plc Ads’s payout ratio is presently 0.76%.

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, tobacco-free nicotine pouches, and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Camel, Natural American Spirit, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.

Read More: Book Value Of Equity Per Share – BVPS Explained

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

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