UBS Group downgraded shares of British American Tobacco (NYSE:BTI) from a hold rating to a sell rating in a research note issued to investors on Thursday morning, The Fly reports.
Several other analysts also recently issued reports on BTI. Jefferies Financial Group downgraded shares of British American Tobacco to a buy rating in a research note on Friday, August 24th. Royal Bank of Canada downgraded shares of British American Tobacco to an underperform rating in a research note on Monday, September 3rd. Zacks Investment Research raised shares of British American Tobacco from a sell rating to a hold rating in a research note on Wednesday, September 5th. Finally, Sanford C. Bernstein started coverage on shares of British American Tobacco in a research note on Tuesday. They set a market perform rating on the stock. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. British American Tobacco presently has an average rating of Hold and an average price target of $73.00.
NYSE:BTI traded up $0.95 during trading hours on Thursday, hitting $43.35. 92,373 shares of the stock traded hands, compared to its average volume of 2,910,865. The company has a quick ratio of 0.41, a current ratio of 0.81 and a debt-to-equity ratio of 0.69. British American Tobacco has a fifty-two week low of $41.69 and a fifty-two week high of $71.44. The company has a market cap of $91.80 billion, a P/E ratio of 11.60, a price-to-earnings-growth ratio of 1.41 and a beta of 1.00.
British American Tobacco 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.
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