Deutsche Bank Reiterates “Buy” Rating for British American Tobacco Plc Ads (LON:BATS)
British American Tobacco Plc Ads (LON:BATS)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank in a research report issued on Thursday, ThisIsMoney.Co.Uk reports.
A number of other brokerages also recently commented on BATS. Citigroup reaffirmed a “buy” rating on shares of British American Tobacco Plc Ads in a research note on Monday, March 2nd. Barclays reaffirmed an “overweight” rating on shares of British American Tobacco Plc Ads in a research note on Tuesday. 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 research note on Tuesday, March 3rd. Credit Suisse Group lifted their target price on shares of British American Tobacco Plc Ads from GBX 4,070 ($53.54) to GBX 4,250 ($55.91) and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Royal Bank of Canada reaffirmed a “neutral” rating and set a GBX 3,000 ($39.46) target price on shares of British American Tobacco Plc Ads in a research note on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of GBX 3,690.77 ($48.55).
BATS stock traded down GBX 90 ($1.18) during trading on Thursday, reaching GBX 2,540.50 ($33.42). 9,789,833 shares of the stock were exchanged, compared to its average volume of 4,160,000. The company has a current ratio of 0.71, a quick ratio of 0.37 and a debt-to-equity ratio of 70.71. The business has a 50 day moving average price of GBX 3,171.32 and a 200-day moving average price of GBX 3,059.54. British American Tobacco Plc Ads has a 1 year low of GBX 116.50 ($1.53) and a 1 year high of GBX 3,507 ($46.13). The firm has a market capitalization of $58.28 billion and a price-to-earnings ratio of 10.20.
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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