British American Tobacco plc (BATS) PT Set at GBX 5,500 by Goldman Sachs Group, Inc. (The)
British American Tobacco plc (LON:BATS) received a GBX 5,500 ($72.31) price objective from equities research analysts at Goldman Sachs Group, Inc. (The) in a report issued on Tuesday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group, Inc. (The)’s price objective points to a potential upside of 11.87% from the company’s previous close.
BATS has been the topic of a number of other research reports. Jefferies Group LLC decreased their target price on shares of British American Tobacco plc from GBX 6,500 ($85.46) to GBX 6,100 ($80.20) and set a “buy” rating on the stock in a report on Friday, October 6th. Investec reaffirmed a “hold” rating and set a GBX 5,500 ($72.31) target price on shares of British American Tobacco plc in a report on Wednesday, July 12th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 6,000 ($78.89) target price on shares of British American Tobacco plc in a report on Monday, July 31st. J P Morgan Chase & Co assumed coverage on shares of British American Tobacco plc in a report on Thursday, August 3rd. They set an “overweight” rating and a GBX 5,610 ($73.76) target price on the stock. Finally, Whitman Howard reaffirmed a “hold” rating and set a GBX 5,300 ($69.68) target price on shares of British American Tobacco plc in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of GBX 5,592.94 ($73.53).
British American Tobacco plc (LON BATS) opened at 4916.50 on Tuesday. The company has a 50-day moving average of GBX 4,756.46 and a 200-day moving average of GBX 5,151.78. The company’s market capitalization is GBX 91.35 billion. British American Tobacco plc has a 52 week low of GBX 4,237.00 and a 52 week high of GBX 5,643.60.
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In other British American Tobacco plc news, insider Alan Davy acquired 36 shares of the business’s stock in a transaction dated Monday, October 9th. The stock was bought at an average price of GBX 4,816 ($63.32) per share, with a total value of £1,733.76 ($2,279.46). Insiders bought a total of 45 shares of company stock valued at $216,396 in the last ninety days.
About British American Tobacco plc
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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