British American Tobacco plc (LON:BATS) has been assigned an average rating of “Buy” from the sixteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 5,616.43 ($76.17).

A number of research analysts have recently weighed in on BATS shares. UBS Group set a GBX 5,670 ($76.89) price objective on British American Tobacco and gave the company a “buy” rating in a report on Tuesday, October 24th. Goldman Sachs Group cut their price objective on British American Tobacco from GBX 5,400 ($73.23) to GBX 5,340 ($72.42) and set a “neutral” rating on the stock in a report on Thursday, September 21st. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 5,610 ($76.08) price objective on shares of British American Tobacco in a report on Tuesday, November 28th. Credit Suisse Group cut their price objective on British American Tobacco from GBX 6,100 ($82.72) to GBX 5,800 ($78.65) and set an “outperform” rating on the stock in a report on Tuesday, October 10th. Finally, Berenberg Bank cut their price objective on British American Tobacco from GBX 5,670 ($76.89) to GBX 5,500 ($74.59) and set a “buy” rating on the stock in a report on Friday, October 6th.

Shares of British American Tobacco (BATS) traded down GBX 53 ($0.72) during mid-day trading on Monday, hitting GBX 4,950 ($67.13). The stock had a trading volume of 2,653,832 shares, compared to its average volume of 2,640,000. The firm has a market capitalization of $113,530.00 and a price-to-earnings ratio of 2,180.62. British American Tobacco has a fifty-two week low of GBX 4,064 ($55.11) and a fifty-two week high of GBX 5,643.60 ($76.53).

The firm also recently declared a dividend, which will be paid on Thursday, February 8th. Shareholders of record on Thursday, December 28th will be given a dividend of GBX 43.60 ($0.59) per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a yield of 0.88%.

In other British American Tobacco news, insider Andrew Gray sold 8,993 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of GBX 4,951 ($67.14), for a total transaction of £445,243.43 ($603,801.78). Also, insider Ricardo Oberlander sold 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of GBX 5,000 ($67.81), for a total value of £300,000 ($406,834.83). Insiders have acquired 2,989 shares of company stock worth $14,899,415 in the last quarter.

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About British American Tobacco

British American Tobacco p.l.c. is a tobacco and next generation products company. The Company’s tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).

Analyst Recommendations for British American Tobacco (LON:BATS)

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