British American Tobacco Price Target Raised to $59.91 at Nomura (BATS)
Research analysts at Nomura increased their price target on shares of British American Tobacco (LON: BATS) from $58.33 (3880 GBX) to $59.91 (3985 GBX) in a report released on Monday. The firm currently has a “buy” rating on the stock.
Several other analysts have also recently commented on the stock. 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. Separately, analysts at JP Morgan Cazenove reiterated an “overweight” rating on shares of British American Tobacco in a research note to investors on Friday. They now have a $63.21 price target on the stock. Finally, analysts at Morgan Stanley raised their price target on shares of British American Tobacco from $47.76 to $52.30 in a research note to investors on Friday. They now have an “equal weight” rating on the stock.
British American Tobacco opened at 3570.00 on Monday. British American Tobacco has a 1-year low of GBX 2986.50 and a 1-year high of GBX 3514.00. The stock’s 50-day moving average is currently GBX 3227.. The company’s market cap is £68.788 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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