British American Tobacco Plc Ads (BATS) Given Consensus Recommendation of “Buy” by Analysts
Shares of British American Tobacco Plc Ads (LON:BATS) have been given a consensus recommendation of “Buy” by the eighteen analysts that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 4,222.86 ($55.18).
A number of equities research analysts recently weighed in on the stock. Liberum Capital reaffirmed a “buy” rating on shares of British American Tobacco Plc Ads in a report on Thursday, November 29th. Jefferies Financial Group lowered their price target on shares of British American Tobacco Plc Ads from GBX 5,200 ($67.95) to GBX 5,000 ($65.33) and set a “buy” rating for the company in a report on Thursday, November 29th. Royal Bank of Canada raised shares of British American Tobacco Plc Ads to a “sector performer” rating and lowered their price target for the company from GBX 3,400 ($44.43) to GBX 2,700 ($35.28) in a report on Thursday, November 29th. JPMorgan Chase & Co. set a GBX 4,400 ($57.49) price objective on shares of British American Tobacco Plc Ads and gave the company a “buy” rating in a research note on Friday, September 14th. Finally, Deutsche Bank reiterated a “buy” rating and set a GBX 4,000 ($52.27) price objective on shares of British American Tobacco Plc Ads in a research note on Monday, November 26th.
In other news, insider Giovanni Giordano sold 475 shares of the firm’s stock in a transaction dated Tuesday, October 23rd. The shares were sold at an average price of GBX 3,465 ($45.28), for a total value of £16,458.75 ($21,506.27).
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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