British American Tobacco PLC (BTI) Sees Unusually-High Trading Volume
British American Tobacco PLC (NYSE:BTI) saw an uptick in trading volume on Thursday . 282,635 shares changed hands during mid-day trading, an increase of 30% from the previous session’s volume of 217,277 shares.The stock last traded at $128.90 and had previously closed at $126.00.
A number of research firms have commented on BTI. Credit Agricole SA downgraded British American Tobacco PLC from an “outperform” rating to an “underperform” rating in a research report on Thursday, July 7th. Berenberg Bank downgraded British American Tobacco PLC from a “buy” rating to a “hold” rating in a report on Thursday, July 7th. Societe Generale downgraded British American Tobacco PLC from a “buy” rating to a “hold” rating in a report on Friday, July 29th. Zacks Investment Research downgraded British American Tobacco PLC from a “buy” rating to a “hold” rating in a report on Tuesday, June 28th. Finally, Barclays PLC downgraded British American Tobacco PLC from an “overweight” rating to an “equal weight” rating in a report on Friday, July 8th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a strong buy rating to the stock. British American Tobacco PLC has an average rating of “Hold” and a consensus target price of $139.00.
The stock’s 50 day moving average is $126.53 and its 200-day moving average is $119.29. The stock has a market cap of $119.25 billion and a PE ratio of 21.10.
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.
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