Deutsche Bank Reaffirms “Buy” Rating for British American Tobacco Plc Ads (BATS)

Deutsche Bank reissued their buy rating on shares of British American Tobacco Plc Ads (LON:BATS) in a research note issued to investors on Tuesday. They currently have a GBX 6,000 ($78.40) price target on the stock.

Several other equities analysts also recently weighed in on the company. Sanford C. Bernstein set a GBX 3,210 ($41.94) target price on British American Tobacco Plc Ads and gave the company a neutral rating in a research report on Tuesday. Royal Bank of Canada reiterated an underperform rating on shares of British American Tobacco Plc Ads in a research report on Tuesday. Liberum Capital reiterated a buy rating on shares of British American Tobacco Plc Ads in a research report on Wednesday, October 10th. Goldman Sachs Group set a GBX 4,860 ($63.50) target price on British American Tobacco Plc Ads and gave the company a buy rating in a research report on Monday, October 8th. Finally, Credit Suisse Group reissued an outperform rating on shares of British American Tobacco Plc Ads in a report on Friday, October 5th. Two equities 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 stock. The stock has an average rating of Hold and a consensus price target of GBX 4,791.11 ($62.60).

LON BATS opened at GBX 3,268.50 ($42.71) on Tuesday. British American Tobacco Plc Ads has a fifty-two week low of GBX 4,064 ($53.10) and a fifty-two week high of GBX 5,643.60 ($73.74).

The firm also recently declared a dividend, which will be paid on Thursday, November 15th. Shareholders of record on Thursday, October 4th will be issued a dividend of GBX 48.80 ($0.64) per share. The ex-dividend date is Thursday, October 4th. This represents a yield of 1.17%.

In other British American Tobacco Plc Ads 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).

About British American Tobacco Plc Ads

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

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