British American Tobacco Plc Ads (LON:BATS) has been given a GBX 4,860 ($63.50) price target by investment analysts at Goldman Sachs Group in a report issued on Wednesday. The firm currently has a “buy” rating on the stock. Goldman Sachs Group’s price objective would indicate a potential upside of 48.69% from the stock’s current price.

Other analysts have also issued reports about the company. Societe Generale set a GBX 4,800 ($62.72) price target on British American Tobacco Plc Ads and gave the company a “buy” rating in a research note on Monday, July 30th. Berenberg Bank cut their price target on British American Tobacco Plc Ads from GBX 5,340 ($69.78) to GBX 4,950 ($64.68) and set a “buy” rating on the stock in a research note on Friday, July 27th. UBS Group reissued a “buy” rating and set a GBX 5,650 ($73.83) price target on shares of British American Tobacco Plc Ads in a research note on Friday, July 27th. Deutsche Bank reissued a “buy” rating on shares of British American Tobacco Plc Ads in a research note on Friday, July 27th. Finally, JPMorgan Chase & Co. set a GBX 4,400 ($57.49) price target on British American Tobacco Plc Ads and gave the company a “buy” rating in a research note on Thursday, July 26th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the company’s stock. British American Tobacco Plc Ads currently has an average rating of “Hold” and a consensus target price of GBX 4,791.11 ($62.60).

Shares of BATS stock opened at GBX 3,268.50 ($42.71) on Wednesday. British American Tobacco Plc Ads has a 12 month low of GBX 4,064 ($53.10) and a 12 month high of GBX 5,643.60 ($73.74).

In other news, insider Kingsley Wheaton sold 1,645 shares of the firm’s stock in a transaction dated Thursday, August 9th. The stock was sold at an average price of GBX 4,191 ($54.76), for a total transaction of £68,941.95 ($90,084.87).

British American Tobacco Plc Ads Company Profile

British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide. It manufactures vapour and tobacco heating products; oral tobacco and nicotine products, such as snus and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.

Further Reading: Rule of 72

Analyst Recommendations for British American Tobacco Plc Ads (LON:BATS)

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