Research analysts at Morgan Stanley assumed coverage on shares of British American Tobacco Plc Ads (LON:BATS) in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The brokerage set an “equal weight” rating and a GBX 3,920 ($51.06) price target on the stock. Morgan Stanley’s price target points to a potential upside of 8.89% from the stock’s previous close.

A number of other brokerages also recently weighed in on BATS. Barclays raised British American Tobacco Plc Ads to an “overweight” rating and set a GBX 5,000 ($65.13) target price on the stock in a report on Friday, August 10th. JPMorgan Chase & Co. set a GBX 4,400 ($57.31) target price on British American Tobacco Plc Ads and gave the company a “buy” rating in a report on Thursday, July 26th. Deutsche Bank reaffirmed a “buy” rating on shares of British American Tobacco Plc Ads in a report on Friday, July 27th. Liberum Capital reaffirmed a “buy” rating on shares of British American Tobacco Plc Ads in a report on Thursday, July 26th. Finally, Goldman Sachs Group set a GBX 5,350 ($69.69) target price on British American Tobacco Plc Ads and gave the company a “buy” rating in a report on Thursday, July 26th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the stock. British American Tobacco Plc Ads currently has an average rating of “Buy” and an average price target of GBX 5,101.25 ($66.45).

Shares of BATS stock traded down GBX 69 ($0.90) during trading hours on Tuesday, reaching GBX 3,600 ($46.89). The company’s stock had a trading volume of 4,107,423 shares, compared to its average volume of 4,160,000. British American Tobacco Plc Ads has a fifty-two week low of GBX 4,064 ($52.94) and a fifty-two week high of GBX 5,643.60 ($73.51).

In other news, insider Alan Davy acquired 39 shares of the business’s stock in a transaction that occurred on Monday, July 9th. The shares were bought at an average price of GBX 3,931 ($51.20) per share, with a total value of £1,533.09 ($1,996.99). Also, insider Kingsley Wheaton sold 1,645 shares of the firm’s stock in a transaction on Thursday, August 9th. The shares were sold at an average price of GBX 4,191 ($54.59), for a total value of £68,941.95 ($89,803.24). In the last three months, insiders have purchased 45 shares of company stock worth $177,525.

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.

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

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