British American Tobacco PLC (NYSE:BTI)’s share price shot up 3.2% during mid-day trading on Friday . The stock traded as high as $130.18 and last traded at $129.31, with a volume of 339,056 shares. The stock had previously closed at $125.31.

Several research firms have issued reports on BTI. 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. Berenberg Bank lowered shares of British American Tobacco PLC from a “buy” rating to a “hold” rating in a report on Thursday, July 7th. 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. Societe Generale lowered shares of British American Tobacco PLC from a “buy” rating to a “hold” rating in a report on Friday, July 29th. Finally, 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. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the company. British American Tobacco PLC currently has a consensus rating of “Hold” and a consensus target price of $139.00.

The firm’s 50 day moving average price is $126.76 and its 200 day moving average price is $121.08. The company has a market cap of $120.02 billion and a PE ratio of 21.35.

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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