British American Tobacco (BTI) Receives New Coverage from Analysts at Sanford C. Bernstein
Sanford C. Bernstein initiated coverage on shares of British American Tobacco (NYSE:BTI) in a report published on Tuesday, Marketbeat.com reports. The brokerage issued a market perform rating on the stock.
Several other equities research analysts also recently weighed in on BTI. Jefferies Financial Group downgraded shares of British American Tobacco to a buy rating in a research report on Friday, August 24th. Royal Bank of Canada downgraded shares of British American Tobacco to an underperform rating in a research report on Monday, September 3rd. Finally, Zacks Investment Research raised shares of British American Tobacco from a sell rating to a hold rating in a research report on Wednesday, September 5th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of $73.00.
Shares of BTI opened at $43.30 on Tuesday. The company has a current ratio of 0.81, a quick ratio of 0.41 and a debt-to-equity ratio of 0.69. British American Tobacco has a twelve month low of $41.69 and a twelve month high of $71.44.
About British American Tobacco
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.
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