British American Tobacco (BTI) Now Covered by Sanford C. Bernstein
Stock analysts at Sanford C. Bernstein initiated coverage on shares of British American Tobacco (NYSE:BTI) in a research note issued to investors on Tuesday, The Fly reports. The firm set a “market perform” rating on the stock.
Other research analysts have also issued reports about the stock. Jefferies Financial Group set a $66.00 target price on shares of British American Tobacco and gave the stock a “buy” rating in a research note on Monday, September 17th. Zacks Investment Research raised shares of British American Tobacco from a “sell” rating to a “hold” rating in a research note on Wednesday, September 5th. Finally, Royal Bank of Canada lowered shares of British American Tobacco to an “underperform” rating in a research note on Monday, September 3rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $73.00.
NYSE:BTI opened at $43.41 on Tuesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.41 and a current ratio of 0.81. British American Tobacco has a 52 week low of $42.81 and a 52 week high of $71.44. The firm has a market capitalization of $99.37 billion, a PE ratio of 11.80, a PEG ratio of 1.53 and a beta of 1.00.
British American Tobacco Company Profile
British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide. It manufactures vapour and tobacco heating products; oral tobacco and nicotine products, such as snus and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.
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