British American Tobacco PLC (BTI) Stock Price Up 3.2%
Shares of British American Tobacco PLC (NYSE:BTI) rose 3.2% on Friday . The stock traded as high as $130.18 and last traded at $129.31, with a volume of 339,056 shares traded. The stock had previously closed at $125.31.
BTI has been the topic of several research analyst reports. Goldman Sachs Group Inc. raised shares of British American Tobacco PLC from a “sell” rating to a “conviction-buy” rating in a research report on Tuesday, June 28th. Barclays PLC downgraded shares of British American Tobacco PLC from an “overweight” rating to an “equal weight” rating in a report on Friday, July 8th. Zacks Investment Research raised shares of British American Tobacco PLC from a “hold” rating to a “buy” rating and set a $139.00 price objective on the stock in a report on Wednesday, June 22nd. Societe Generale downgraded shares of British American Tobacco PLC from a “buy” rating to a “hold” rating in a report on Friday, July 29th. Finally, Berenberg Bank downgraded shares of British American Tobacco PLC from a “buy” rating to a “hold” rating in a report on Thursday, July 7th. 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 stock. British American Tobacco PLC currently has an average rating of “Hold” and a consensus target price of $139.00.
The firm has a market cap of $120.02 billion and a price-to-earnings ratio of 21.15. The company’s 50 day moving average is $126.76 and its 200-day moving average is $121.17.
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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