Credit Suisse Group AG set a GBX 5,350 ($66.21) target price on British American Tobacco plc (LON:BATS) in a report issued on Tuesday morning. The brokerage currently has a a buy rating on the stock.

Other research analysts also recently issued reports about the company. Berenberg Bank restated a buy rating and set a GBX 4,285 ($53.03) price objective on shares of British American Tobacco plc in a research report on Tuesday, June 14th. Deutsche Bank AG lifted their price objective on British American Tobacco plc from GBX 4,500 ($55.69) to GBX 5,000 ($61.88) and gave the stock a buy rating in a research report on Wednesday, July 6th. Citigroup Inc. restated a buy rating and set a GBX 5,800 ($71.78) price objective on shares of British American Tobacco plc in a research report on Wednesday, July 6th. Goldman Sachs Group Inc. set a GBX 5,340 ($66.09) price objective on British American Tobacco plc and gave the stock a buy rating in a research report on Tuesday, July 5th. Finally, Societe Generale restated a buy rating and set a GBX 4,700 ($58.17) price objective on shares of British American Tobacco plc in a research report on Monday, June 27th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of Hold and an average price target of GBX 4,880.65 ($60.40).

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

British American Tobacco plc (LON:BATS) traded down 0.78% during midday trading on Tuesday, hitting GBX 4845.50. The company had a trading volume of 1,195,455 shares. British American Tobacco plc has a 52-week low of GBX 3,536.00 and a 52-week high of GBX 5,135.00. The stock’s 50-day moving average price is GBX 4,826.92 and its 200-day moving average price is GBX 4,531.59. The stock’s market cap is GBX 90.03 billion.

The business also recently disclosed a dividend, which was paid on Wednesday, September 28th. Stockholders of record on Thursday, August 18th were paid a GBX 51.30 ($0.63) dividend. This represents a dividend yield of 1.07%. The ex-dividend date was Thursday, August 18th.

In related news, insider Helmes,Marion acquired 3,600 shares of the firm’s stock in a transaction dated Friday, September 2nd. The shares were purchased at an average price of GBX 4,809 ($59.52) per share, with a total value of £173,124 ($214,262.38). Also, insider Jack Bowles sold 511 shares of the firm’s stock in a transaction dated Thursday, August 18th. The stock was sold at an average price of GBX 4,840 ($59.90), for a total value of £24,732.40 ($30,609.41).

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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