Shares of British American Tobacco p.l.c. (NYSE:BTI) have received a consensus rating of “Buy” from the ten ratings firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $79.00.

A number of research analysts recently issued reports on BTI shares. Zacks Investment Research lowered shares of British American Tobacco p.l.c. from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. Goldman Sachs Group, Inc. (The) upgraded shares of British American Tobacco p.l.c. from a “neutral” rating to a “buy” rating in a research report on Monday, October 9th. Investec upgraded shares of British American Tobacco p.l.c. from a “hold” rating to a “buy” rating in a research report on Friday, August 4th. Piper Jaffray Companies restated a “buy” rating on shares of British American Tobacco p.l.c. in a research report on Monday, July 31st. Finally, UBS AG restated a “buy” rating on shares of British American Tobacco p.l.c. in a research report on Tuesday, August 1st.

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British American Tobacco p.l.c. (NYSE BTI) traded down 0.474% during trading on Friday, reaching $64.075. 816,700 shares of the company’s stock were exchanged. The company has a market capitalization of $119.05 billion, a PE ratio of 21.373 and a beta of 1.06. British American Tobacco p.l.c. has a 1-year low of $52.71 and a 1-year high of $73.41. The company’s 50-day moving average is $62.91 and its 200-day moving average is $66.71.

The business also recently declared a None dividend, which was paid on Tuesday, October 3rd. Shareholders of record on Friday, August 18th were given a $0.728 dividend. The ex-dividend date of this dividend was Wednesday, August 16th. This represents a yield of 2.28%.

Large investors have recently added to or reduced their stakes in the company. Smith Shellnut Wilson LLC ADV bought a new position in shares of British American Tobacco p.l.c. during the 2nd quarter worth about $221,000. FTB Advisors Inc. lifted its holdings in shares of British American Tobacco p.l.c. by 10.7% during the 2nd quarter. FTB Advisors Inc. now owns 1,804 shares of the company’s stock worth $117,000 after acquiring an additional 174 shares during the period. Grove Bank & Trust lifted its holdings in shares of British American Tobacco p.l.c. by 50.2% during the 2nd quarter. Grove Bank & Trust now owns 2,058 shares of the company’s stock worth $141,000 after acquiring an additional 688 shares during the period. Quantbot Technologies LP bought a new position in shares of British American Tobacco p.l.c. during the 2nd quarter worth about $170,000. Finally, Parallel Advisors LLC lifted its holdings in shares of British American Tobacco p.l.c. by 439.0% during the 2nd quarter. Parallel Advisors LLC now owns 2,517 shares of the company’s stock worth $157,000 after acquiring an additional 2,050 shares during the period. 4.66% of the stock is owned by institutional investors.

British American Tobacco p.l.c. Company Profile

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 p.l.c. (NYSE:BTI)

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