British American Tobacco plc (BATS) PT Set at GBX 5,500 by Goldman Sachs Group Inc.
British American Tobacco plc (LON:BATS) has been given a GBX 5,500 ($68.07) target price by equities research analysts at Goldman Sachs Group Inc. in a report released on Friday. The brokerage presently has a a “buy” rating on the stock. Goldman Sachs Group Inc.’s target price indicates a potential upside of 12.66% from the stock’s previous close.
BATS has been the topic of a number of other reports. Jefferies Group increased their price target on shares of British American Tobacco plc from GBX 5,800 ($71.78) to GBX 6,000 ($74.26) and gave the company a “buy” rating in a research report on Tuesday. JPMorgan Chase & Co. increased their price target on shares of British American Tobacco plc from GBX 5,040 ($62.38) to GBX 5,380 ($66.58) and gave the company an “overweight” rating in a research report on Tuesday, July 12th. BNP Paribas reiterated a “neutral” rating and set a GBX 5,000 ($61.88) price target on shares of British American Tobacco plc in a research report on Friday, July 8th. Berenberg Bank set a GBX 5,150 ($63.74) target price on shares of British American Tobacco plc and gave the stock a “neutral” rating in a report on Friday. Finally, Credit Suisse Group AG cut their target price on shares of British American Tobacco plc from GBX 3,950 ($48.89) to GBX 3,800 ($47.03) and set an “outperform” rating on the stock in a report on Thursday, August 25th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 4,903.15 ($60.68).
British American Tobacco plc (LON:BATS) opened at 4875.50 on Friday. The firm’s 50-day moving average is GBX 4,826.42 and its 200 day moving average is GBX 4,536.16. The firm’s market cap is GBX 90.59 billion. British American Tobacco plc has a 12-month low of GBX 3,536.00 and a 12-month high of GBX 5,135.00.
The firm also recently disclosed a dividend, which was paid on Wednesday, September 28th. Investors of record on Thursday, August 18th were issued a GBX 51.30 ($0.63) dividend. The ex-dividend date of this dividend was Thursday, August 18th. This represents a yield of 1.07%.
In related news, insider Jack Bowles sold 511 shares of British American Tobacco plc stock in a transaction dated Thursday, August 18th. The stock was sold at an average price of GBX 4,840 ($59.90), for a total value of £24,732.40 ($30,609.41). Also, insider Helmes,Marion acquired 3,600 shares of British American Tobacco plc stock in a transaction that occurred on Friday, September 2nd. The stock was acquired at an average price of GBX 4,809 ($59.52) per share, with a total value of £173,124 ($214,262.38).
British American Tobacco plc Company Profile
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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