British American Tobacco plc (LON:BATS) Receives Average Recommendation of “Hold” from Brokerages
British American Tobacco plc (LON:BATS) has been assigned a consensus recommendation of “Hold” from the twenty-one research firms that are currently covering the firm. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 4,863.15 ($63.48).
Several equities research analysts have recently weighed in on the company. S&P Global Inc. set a GBX 4,800 ($62.66) price objective on British American Tobacco plc and gave the company a “neutral” rating in a research note on Thursday, July 28th. Beaufort Securities reiterated a “buy” rating on shares of British American Tobacco plc in a research note on Friday, July 29th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 5,220 ($68.14) price objective on shares of British American Tobacco plc in a research note on Wednesday, August 24th. Societe Generale set a GBX 5,200 ($67.88) price objective on British American Tobacco plc and gave the company a “neutral” rating in a research note on Friday, July 29th. Finally, Investec upgraded British American Tobacco plc to a “buy” rating and upped their price objective for the company from GBX 4,000 ($52.21) to GBX 5,200 ($67.88) in a research note on Thursday, September 8th.
Shares of British American Tobacco plc (LON:BATS) traded up 1.18% during trading on Tuesday, hitting GBX 5042.00. The company had a trading volume of 5,532,977 shares. The firm has a 50 day moving average of GBX 4,827.69 and a 200 day moving average of GBX 4,493.68. The stock’s market cap is GBX 93.68 billion. British American Tobacco plc has a 12-month low of GBX 3,536.00 and a 12-month high of GBX 5,135.00.
The company also recently disclosed a dividend, which was paid on Wednesday, September 28th. Investors of record on Thursday, August 18th were given a GBX 51.30 ($0.67) dividend. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend was Thursday, August 18th.
In other British American Tobacco plc news, insider Jack Bowles sold 511 shares of the stock in a transaction dated Thursday, August 18th. The stock was sold at an average price of GBX 4,840 ($63.18), for a total transaction of £24,732.40 ($32,283.51). Also, insider Helmes,Marion bought 3,600 shares of the stock in a transaction on Friday, September 2nd. The shares were purchased at an average price of GBX 4,809 ($62.77) per share, with a total value of £173,124 ($225,980.94).
British American Tobacco plc Company Profile
British American Tobacco p.l.c. is a tobacco company. The Company is engaged in manufacturing and marketing cigarettes and other tobacco products. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA). The Company’s brands include Dunhill, Kent, Lucky Strike, Pall Mall and Rothmans.
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