British American Tobacco PLC (NYSE:BTI) has been given an average recommendation of “Hold” by the seven ratings firms that are currently covering the company. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company.

BTI has been the subject of a number of recent analyst reports. Investec upgraded shares of British American Tobacco PLC from a “hold” rating to a “buy” rating in a research report on Thursday, September 8th. Goldman Sachs Group Inc. raised shares of British American Tobacco PLC from a “sell” rating to a “conviction-buy” rating in a report on Tuesday, June 28th. Zacks Investment Research cut shares of British American Tobacco PLC from a “hold” rating to a “sell” rating in a report on Friday, September 23rd. Barclays PLC cut shares of British American Tobacco PLC from an “overweight” rating to an “equal weight” rating in a report on Friday, July 8th. Finally, Societe Generale cut shares of British American Tobacco PLC from a “buy” rating to a “hold” rating in a report on Friday, July 29th.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Quadrant Capital Group LLC boosted its position in shares of British American Tobacco PLC by 57.0% in the second quarter. Quadrant Capital Group LLC now owns 887 shares of the company’s stock worth $109,000 after buying an additional 322 shares during the period. Smithfield Trust Co. boosted its position in shares of British American Tobacco PLC by 1.0% in the second quarter. Smithfield Trust Co. now owns 1,043 shares of the company’s stock worth $135,000 after buying an additional 10 shares during the period. Pinkerton Retirement Specialists LLC acquired a new position in shares of British American Tobacco PLC during the second quarter worth $136,000. Signaturefd LLC boosted its position in shares of British American Tobacco PLC by 18.4% in the second quarter. Signaturefd LLC now owns 1,070 shares of the company’s stock worth $139,000 after buying an additional 166 shares during the period. Finally, Acadian Asset Management LLC boosted its position in shares of British American Tobacco PLC by 47.4% in the second quarter. Acadian Asset Management LLC now owns 1,129 shares of the company’s stock worth $146,000 after buying an additional 363 shares during the period.

British American Tobacco PLC (NYSE:BTI) opened at 121.53 on Thursday. British American Tobacco PLC has a 12-month low of $99.81 and a 12-month high of $131.34. The company has a 50-day moving average price of $126.17 and a 200-day moving average price of $123.53. The firm has a market capitalization of $112.90 billion and a PE ratio of 20.13.

About British American Tobacco PLC

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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