British American Tobacco PLC (NYSEMKT:BTI) was upgraded by investment analysts at from an “underperform” rating to an “outperform” rating in a research note issued on Monday.

Several other research analysts also recently commented on BTI. Morgan Stanley raised British American Tobacco PLC from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, November 2nd. Societe Generale raised British American Tobacco PLC from a “hold” rating to a “buy” rating in a research note on Friday, October 28th. Goldman Sachs Group Inc. reissued a “buy” rating on shares of British American Tobacco PLC in a research note on Monday, October 24th. Zacks Investment Research downgraded British American Tobacco PLC from a “hold” rating to a “sell” rating in a research note on Friday, September 23rd. Finally, Investec raised British American Tobacco PLC from a “hold” rating to a “buy” rating in a research note on Thursday, September 8th. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the stock. British American Tobacco PLC presently has an average rating of “Buy” and an average price target of $126.50.

Analyst Recommendations for British American Tobacco PLC (NYSEMKT:BTI)

British American Tobacco PLC (NYSEMKT:BTI) opened at 108.71 on Monday. British American Tobacco PLC has a 1-year low of $99.81 and a 1-year high of $131.34. The company has a market cap of $100.99 billion and a price-to-earnings ratio of 18.70. The company’s 50-day moving average is $114.42 and its 200 day moving average is $122.28.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP raised its position in British American Tobacco PLC by 0.5% in the first quarter. Wellington Management Group LLP now owns 326,842 shares of the company’s stock valued at $38,211,000 after buying an additional 1,500 shares during the last quarter. Sensato Investors LLC purchased a new position in British American Tobacco PLC during the first quarter valued at about $4,855,000. Avalon Advisors LLC raised its position in British American Tobacco PLC by 0.3% in the first quarter. Avalon Advisors LLC now owns 14,312 shares of the company’s stock valued at $1,673,000 after buying an additional 47 shares during the last quarter. Euclid Advisors LLC purchased a new position in British American Tobacco PLC during the first quarter valued at about $4,150,000. Finally, ETRADE Capital Management LLC raised its position in British American Tobacco PLC by 15.7% in the third quarter. ETRADE Capital Management LLC now owns 12,145 shares of the company’s stock valued at $1,551,000 after buying an additional 1,649 shares during the last quarter.

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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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