Equities research analysts at Citigroup increased their price target on shares of British American Tobacco (LON: BATS) from $56.90 (3785 GBX) to $60.13 (4000 GBX) in a research note issued to investors on Monday. The firm currently has a “buy” rating on the stock.

A number of other analysts have also recently weighed in on BATS. Analysts at UBS AG raised their price target on shares of British American Tobacco from $53.37 to $56.37 in a research note to investors on Monday. They now have a “buy” rating on the stock. Separately, analysts at Nomura raised their price target on shares of British American Tobacco from $58.33 to $59.91 in a research note to investors on Monday. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of British American Tobacco in a research note to investors on Thursday. They now have a $54.06 price target on the stock.

British American Tobacco opened at 3566.00 on Monday. British American Tobacco has a 52-week low of GBX 2986.50 and a 52-week high of GBX 3514.00. The stock’s 50-day moving average is currently GBX 3227.. The company’s market cap is £68.711 billion.

British American Tobacco p.l.c. (British American Tobacco) is a holding company. The Company’s four principal brands include Dunhill, Kent, Lucky Strike and Pall Mall.

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