British American Tobacco Plc Ads (BATS) Price Target Cut to GBX 4,010 by Analysts at Credit Suisse Group
British American Tobacco Plc Ads (LON:BATS) had its price target lowered by investment analysts at Credit Suisse Group from GBX 5,150 ($67.29) to GBX 4,010 ($52.40) in a research note issued to investors on Tuesday. The brokerage currently has an “outperform” rating on the stock. Credit Suisse Group’s price target points to a potential upside of 55.13% from the company’s current price.
Several other research firms also recently commented on BATS. Royal Bank of Canada downgraded British American Tobacco Plc Ads to an “underperform” rating in a report on Monday, September 3rd. Barclays reissued an “overweight” rating and issued a GBX 4,000 ($52.27) price objective (down previously from GBX 5,000 ($65.33)) on shares of British American Tobacco Plc Ads in a research report on Monday, November 12th. Goldman Sachs Group set a GBX 5,250 ($68.60) price objective on British American Tobacco Plc Ads and gave the stock a “buy” rating in a research report on Tuesday, September 4th. Citigroup reaffirmed a “neutral” rating on shares of British American Tobacco Plc Ads in a research report on Wednesday, October 17th. Finally, Liberum Capital reaffirmed a “buy” rating on shares of British American Tobacco Plc Ads in a research report on Wednesday, October 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 4,295.88 ($56.13).
British American Tobacco Plc Ads stock opened at GBX 2,585 ($33.78) on Tuesday. British American Tobacco Plc Ads has a one year low of GBX 4,064 ($53.10) and a one year high of GBX 5,643.60 ($73.74).
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: Why do companies issue stock splits?
Receive News & Ratings for British American Tobacco Plc Ads Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco Plc Ads and related companies with MarketBeat.com's FREE daily email newsletter.