British American Tobacco plc (LON:BATS) had its target price cut by Credit Suisse Group from GBX 6,100 ($80.20) to GBX 5,800 ($76.26) in a report published on Tuesday morning. They currently have an outperform rating on the stock.

A number of other analysts have also commented on BATS. Whitman Howard reiterated a hold rating and set a GBX 5,300 ($69.68) price target on shares of British American Tobacco plc in a report on Wednesday, June 14th. Investec reiterated a hold rating and set a GBX 5,500 ($72.31) price target on shares of British American Tobacco plc in a report on Wednesday, July 12th. UBS AG set a GBX 5,670 ($74.55) price target on British American Tobacco plc and gave the stock a buy rating in a report on Thursday, July 13th. S&P Global set a GBX 5,600 ($73.63) price target on British American Tobacco plc and gave the stock a neutral rating in a report on Thursday, July 27th. Finally, Jefferies Group LLC reiterated a buy rating and set a GBX 6,500 ($85.46) price target on shares of British American Tobacco plc in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company’s stock. The stock 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 4840.00 on Tuesday. The firm’s market cap is GBX 89.93 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. The firm’s 50 day moving average price is GBX 4,759.39 and its 200 day moving average price is GBX 5,148.24.

ILLEGAL ACTIVITY NOTICE: This story was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another website, it was copied illegally and reposted in violation of United States & international trademark and copyright legislation. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/10/13/credit-suisse-group-trims-british-american-tobacco-plc-bats-target-price-to-gbx-5800.html.

The company also recently announced a dividend, which was paid on Thursday, September 28th. Shareholders of record on Thursday, August 17th were given a GBX 56.50 ($0.74) dividend. This represents a yield of 1.06%. The ex-dividend date was Thursday, August 17th.

In related news, insider Alan Davy purchased 36 shares of British American Tobacco plc stock in a transaction dated Monday, October 9th. The stock was bought at an average cost of GBX 4,816 ($63.32) per share, for a total transaction of £1,733.76 ($2,279.46). Over the last quarter, insiders bought 45 shares of company stock valued at $216,396.

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).

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

Receive News & Stock Ratings for British American Tobacco plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco plc and related stocks with our FREE daily email newsletter.