British American Tobacco plc (BATS) PT Lowered to GBX 5,800

British American Tobacco plc (LON:BATS) had its price target dropped by analysts at Credit Suisse Group from GBX 6,100 ($80.20) to GBX 5,800 ($76.26) in a report released on Tuesday. The firm presently has an “outperform” rating on the stock. Credit Suisse Group’s price objective points to a potential upside of 17.97% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 5,670 ($74.55) price objective on shares of British American Tobacco plc in a research note on Thursday, August 3rd. UBS AG set a GBX 5,670 ($74.55) price objective on British American Tobacco plc and gave the company a “buy” rating in a research note on Wednesday, August 2nd. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 6,000 ($78.89) price objective on shares of British American Tobacco plc in a research note on Monday, July 31st. Citigroup Inc. reiterated a “buy” rating and issued a GBX 6,400 ($84.14) price objective on shares of British American Tobacco plc in a research note on Friday, July 28th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a GBX 6,500 ($85.46) price objective on shares of British American Tobacco plc in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the stock. British American Tobacco plc has a consensus rating of “Buy” and a consensus price target of GBX 5,592.94 ($73.53).

British American Tobacco plc (BATS) opened at 4916.50 on Tuesday. British American Tobacco plc has a one year low of GBX 4,237.00 and a one year high of GBX 5,643.60. The company has a 50-day moving average of GBX 4,756.46 and a 200 day moving average of GBX 5,151.78. The firm’s market cap is GBX 91.35 billion.

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In other British American Tobacco plc news, insider Alan Davy acquired 36 shares of the company’s stock in a transaction that occurred on Monday, October 9th. The shares were purchased at an average price of GBX 4,816 ($63.32) per share, with a total value of £1,733.76 ($2,279.46). Insiders have purchased 45 shares of company stock worth $216,396 in the last ninety days.

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).

Analyst Recommendations for British American Tobacco plc (LON:BATS)

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