Credit Suisse Group AG set a GBX 5,350 ($66.21) price objective on British American Tobacco plc (LON:BATS) in a report released on Tuesday morning. The firm currently has a a buy rating on the stock.
A number of other equities research analysts have also recently issued reports on BATS. S&P Global Inc. set a GBX 4,800 ($59.41) price target on shares of British American Tobacco plc and gave the company a neutral rating in a report on Thursday, July 28th. Beaufort Securities reiterated a buy rating on shares of British American Tobacco plc in a research note on Friday, July 29th. JPMorgan Chase & Co. reiterated an overweight rating and issued a GBX 5,220 ($64.60) target price on shares of British American Tobacco plc in a research note on Wednesday, August 24th. Societe Generale set a GBX 5,200 ($64.36) target price on shares of British American Tobacco plc and gave the company a neutral rating in a research note on Friday, July 29th. Finally, Investec upgraded shares of British American Tobacco plc to a buy rating and increased their target price for the company from GBX 4,000 ($49.50) to GBX 5,200 ($64.36) in a research note on Thursday, September 8th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of GBX 4,903.15 ($60.68).
British American Tobacco plc (LON:BATS) opened at 4814.00 on Tuesday. The firm’s market capitalization is GBX 89.44 billion. The stock’s 50 day moving average price is GBX 4,828.74 and its 200 day moving average price is GBX 4,538.58. British American Tobacco plc has a 12 month low of GBX 3,536.00 and a 12 month high of GBX 5,135.00.
The firm also recently disclosed a dividend, which was paid on Wednesday, September 28th. Shareholders of record on Thursday, August 18th were paid a GBX 51.30 ($0.63) dividend. The ex-dividend date was Thursday, August 18th. This represents a yield of 1.07%.
In other British American Tobacco plc news, insider Helmes,Marion acquired 3,600 shares of British American Tobacco plc stock in a transaction on Friday, September 2nd. The shares were purchased at an average cost of GBX 4,809 ($59.52) per share, with a total value of £173,124 ($214,262.38). Also, insider Jack Bowles sold 511 shares of the firm’s stock in a transaction that occurred on Thursday, August 18th. The shares were sold at an average price of GBX 4,840 ($59.90), for a total transaction of £24,732.40 ($30,609.41).