British American Tobacco (LON:BATS) had its price objective upped by Jefferies Group from GBX 5,800 ($80.13) to GBX 6,000 ($82.90) in a research report released on Monday morning. Jefferies Group currently has a buy rating on the stock.
BATS has been the subject of several other reports. Deutsche Bank reaffirmed a buy rating and issued a GBX 6,000 ($82.90) price objective on shares of British American Tobacco in a research note on Tuesday, January 23rd. JPMorgan Chase & Co. lowered their price objective on British American Tobacco from GBX 5,610 ($77.51) to GBX 5,185 ($71.64) and set an overweight rating for the company in a research note on Tuesday, February 27th. Citigroup reaffirmed a buy rating and issued a GBX 6,000 ($82.90) price objective on shares of British American Tobacco in a research note on Friday, February 23rd. Royal Bank of Canada set a GBX 4,800 ($66.32) price objective on British American Tobacco and gave the company a neutral rating in a research note on Thursday, February 22nd. Finally, Goldman Sachs Group set a GBX 5,500 ($75.99) price objective on British American Tobacco and gave the company a buy rating in a research note on Wednesday, January 10th. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. British American Tobacco presently has an average rating of Buy and a consensus price target of GBX 5,569.12 ($76.94).
Shares of British American Tobacco (LON:BATS) opened at GBX 4,219 ($58.29) on Monday. The stock has a market capitalization of $97,590.00 and a P/E ratio of 332.47. British American Tobacco has a one year low of GBX 4,064 ($56.15) and a one year high of GBX 5,643.60 ($77.97).
In other British American Tobacco news, insider Richard Burrows purchased 4,000 shares of British American Tobacco stock in a transaction dated Thursday, February 22nd. The shares were purchased at an average cost of GBX 4,236 ($58.52) per share, for a total transaction of £169,440 ($234,097.82). Also, insider Ricardo Oberlander sold 6,000 shares of the stock in a transaction that occurred on Thursday, December 21st. The stock was sold at an average price of GBX 5,000 ($69.08), for a total value of £300,000 ($414,479.14).
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British American Tobacco 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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