British American Tobacco p.l.c. (LON:BATS – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,936.94 and traded as high as GBX 4,406. British American Tobacco shares last traded at GBX 4,371.75, with a volume of 246,874,359 shares traded.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the stock. Citigroup increased their target price on shares of British American Tobacco from GBX 4,450 to GBX 4,850 and gave the company a “buy” rating in a research note on Friday, November 28th. Royal Bank Of Canada cut British American Tobacco to an “underperform” rating and upped their price target for the company from GBX 3,000 to GBX 3,400 in a report on Tuesday, September 2nd. JPMorgan Chase & Co. lifted their price objective on British American Tobacco from GBX 3,300 to GBX 4,150 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on British American Tobacco from GBX 4,400 to GBX 4,900 and gave the company a “buy” rating in a research note on Friday, November 28th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of GBX 4,500.
Check Out Our Latest Stock Analysis on BATS
British American Tobacco Stock Performance
British American Tobacco Company Profile
BAT was founded in 1902 and was first listed on the London Stock Exchange in 1912. A constituent of the FTSE 100 since its creation in 1984, we have evolved, becoming the only truly global company in our sector.
BAT is transforming and is well positioned with a global footprint and multi-category portfolio.
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