British American Tobacco PLC (NYSE:BTI) fell 2.2% on Wednesday . The company traded as low as $125.31 and last traded at $125.52, with a volume of 130,541 shares traded. The stock had previously closed at $128.28.

A number of research firms recently weighed in on BTI. Goldman Sachs Group Inc. upgraded shares of British American Tobacco PLC from a “sell” rating to a “conviction-buy” rating in a report on Tuesday, June 28th. Zacks Investment Research lowered shares of British American Tobacco PLC from a “buy” rating to a “hold” rating in a report on Tuesday, June 28th. Credit Agricole SA lowered shares of British American Tobacco PLC from an “outperform” rating to an “underperform” rating in a report on Thursday, July 7th. Barclays PLC lowered shares of British American Tobacco PLC from an “overweight” rating to an “equal weight” rating in a report on Friday, July 8th. Finally, Societe Generale lowered shares of British American Tobacco PLC from a “buy” rating to a “hold” rating in a report on Friday, July 29th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $139.00.

The stock has a 50 day moving average price of $125.67 and a 200 day moving average price of $118.33. The stock has a market capitalization of $116.85 billion and a price-to-earnings ratio of 20.70.

British American Tobacco p.l.c. is a tobacco company. The Company is engaged in manufacturing and marketing cigarettes and other tobacco products. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA). The Company’s brands include Dunhill, Kent, Lucky Strike, Pall Mall and Rothmans.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.