British American Tobacco Plc Ads (LON:BATS) Price Target Raised to GBX 4,250 at Credit Suisse Group
British American Tobacco Plc Ads (LON:BATS) had its price target hoisted by Credit Suisse Group from GBX 4,070 ($53.54) to GBX 4,250 ($55.91) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The firm currently has an outperform rating on the stock.
Other equities research analysts have also issued reports about the stock. Citigroup reiterated a buy rating on shares of British American Tobacco Plc Ads in a report on Monday, March 2nd. Morgan Stanley reduced their target price on shares of British American Tobacco Plc Ads from GBX 3,500 ($46.04) to GBX 3,460 ($45.51) and set an equal weight rating on the stock in a report on Tuesday, March 3rd. Barclays reiterated an overweight rating on shares of British American Tobacco Plc Ads in a report on Tuesday. Deutsche Bank set a GBX 4,000 ($52.62) target price on shares of British American Tobacco Plc Ads and gave the stock a buy rating in a report on Wednesday, March 4th. Finally, DZ Bank reduced their target price on shares of British American Tobacco Plc Ads from GBX 2,650 ($34.86) to GBX 2,600 ($34.20) and set a sell rating on the stock in a report on Thursday, March 5th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company. The company has an average rating of Buy and an average price target of GBX 3,690.77 ($48.55).
British American Tobacco Plc Ads stock traded down GBX 90 ($1.18) during mid-day trading on Wednesday, reaching GBX 2,540.50 ($33.42). 9,789,833 shares of the company’s stock were exchanged, compared to its average volume of 4,160,000. The company has a market cap of $58.28 billion and a P/E ratio of 10.20. British American Tobacco Plc Ads has a twelve month low of GBX 116.50 ($1.53) and a twelve month high of GBX 3,507 ($46.13). The company has a quick ratio of 0.37, a current ratio of 0.71 and a debt-to-equity ratio of 70.71. The company has a fifty day moving average of GBX 3,171.32 and a 200-day moving average of GBX 3,059.54.
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, tobacco-free nicotine pouches, and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Camel, Natural American Spirit, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.
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