S&P Global Analysts Give British American Tobacco plc (BATS) a GBX 5,600 Price Target
A number of other equities research analysts have also weighed in on the company. Berenberg Bank reiterated a buy rating and issued a GBX 5,670 ($73.87) price objective on shares of British American Tobacco plc in a research report on Monday, May 15th. BNP Paribas set a GBX 6,000 ($78.17) price objective on British American Tobacco plc and gave the stock a buy rating in a research report on Thursday, April 6th. Whitman Howard reiterated a hold rating and issued a GBX 5,300 ($69.05) price objective on shares of British American Tobacco plc in a research report on Thursday, April 13th. Citigroup Inc. reiterated a buy rating and issued a GBX 6,000 ($78.17) price objective on shares of British American Tobacco plc in a research report on Tuesday, May 9th. Finally, Jefferies Group LLC lifted their price objective on British American Tobacco plc from GBX 5,800 ($75.56) to GBX 6,600 ($85.98) and gave the stock a buy rating in a research report on Wednesday, April 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company. British American Tobacco plc presently has a consensus rating of Buy and an average target price of GBX 5,609.41 ($73.08).
British American Tobacco plc (LON BATS) opened at 4765.00 on Thursday. The firm has a 50-day moving average price of GBX 5,348.27 and a 200 day moving average price of GBX 5,218.05. 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 market capitalization is GBX 88.53 billion.
The company also recently declared a dividend, which will be paid on Thursday, September 28th. Investors of record on Thursday, August 17th will be given a dividend of GBX 56.50 ($0.74) per share. The ex-dividend date of this dividend is Thursday, August 17th. This represents a dividend yield of 1.06%.
In other news, insider Alan Davy purchased 21 shares of the company’s stock in a transaction that occurred on Monday, July 10th. The shares were bought at an average cost of GBX 5,203 ($67.78) per share, for a total transaction of £1,092.63 ($1,423.44). Also, insider Ricardo Oberlander sold 6,719 shares of British American Tobacco plc stock in a transaction that occurred on Friday, May 12th. The shares were sold at an average price of GBX 5,371 ($69.97), for a total value of £360,877.49 ($470,137.43). Insiders have purchased 84,029 shares of company stock worth $446,734,832 over the last 90 days.
British American Tobacco plc 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).
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