Citigroup Inc. restated their buy rating on shares of British American Tobacco plc (LON:BATS) in a research note issued to investors on Friday morning. They currently have a GBX 6,400 ($84.42) price objective on the stock.

A number of other equities research analysts also recently weighed in on BATS. UBS AG set a GBX 5,670 ($74.79) price target on British American Tobacco plc and gave the stock a buy rating in a research note on Thursday, July 13th. Credit Suisse Group reaffirmed an outperform rating and set a GBX 6,100 ($80.46) price target on shares of British American Tobacco plc in a research note on Thursday, June 29th. Whitman Howard reaffirmed a hold rating and set a GBX 5,300 ($69.91) price target on shares of British American Tobacco plc in a research note on Thursday, July 20th. Berenberg Bank reaffirmed a buy rating and set a GBX 5,670 ($74.79) price target on shares of British American Tobacco plc in a research note on Tuesday, May 23rd. Finally, Jefferies Group LLC raised their price target on British American Tobacco plc from GBX 5,800 ($76.51) to GBX 6,600 ($87.06) and gave the stock a buy rating in a research note on Wednesday, April 19th. One 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 stock. The company has an average rating of Buy and a consensus price target of GBX 5,627.06 ($74.23).

Shares of British American Tobacco plc (LON BATS) opened at 4787.00 on Friday. The stock’s market cap is GBX 88.94 billion. British American Tobacco plc has a one year low of GBX 4,237.00 and a one year high of GBX 5,643.60. The stock’s 50 day moving average price is GBX 5,325.92 and its 200-day moving average price is GBX 5,225.62.

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The business also recently disclosed a dividend, which will be paid on Thursday, September 28th. Stockholders of record on Thursday, August 17th will be issued a dividend of GBX 56.50 ($0.75) per share. This represents a dividend yield of 1.06%. The ex-dividend date of this dividend is Thursday, August 17th.

In other British American Tobacco plc news, insider Ricardo Oberlander sold 6,719 shares of the firm’s stock in a transaction that occurred on Friday, May 12th. The stock was sold at an average price of GBX 5,371 ($70.85), for a total value of £360,877.49 ($476,028.87). Also, insider Alan Davy bought 21 shares of the stock in a transaction on Monday, July 10th. The stock was acquired at an average cost of GBX 5,203 ($68.63) per share, for a total transaction of £1,092.63 ($1,441.27). In the last three months, insiders have bought 84,029 shares of company stock worth $446,734,832.

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)

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