UBS AG set a GBX 5,670 ($74.58) price objective on British American Tobacco plc (LON:BATS) in a report published on Tuesday, October 24th, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
BATS has been the subject of several other reports. J P Morgan Chase & Co reiterated an overweight rating and issued a GBX 5,610 ($73.79) target price on shares of British American Tobacco plc in a research note on Friday, October 20th. Credit Suisse Group reduced their price objective on shares of British American Tobacco plc from GBX 6,100 ($80.23) to GBX 5,800 ($76.29) and set an outperform rating for the company in a research report on Tuesday, October 10th. Goldman Sachs Group, Inc. (The) set a GBX 5,500 ($72.34) price objective on shares of British American Tobacco plc and gave the stock a buy rating in a research report on Tuesday, October 10th. Jefferies Group LLC dropped their target price on shares of British American Tobacco plc from GBX 6,500 ($85.49) to GBX 6,100 ($80.23) and set a buy rating for the company in a report on Friday, October 6th. Finally, Berenberg Bank dropped their price objective on shares of British American Tobacco plc from GBX 5,670 ($74.58) to GBX 5,500 ($72.34) and set a buy rating for the company in a report on Friday, October 6th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock has a consensus rating of Buy and an average price target of GBX 5,677.14 ($74.67).
Shares of British American Tobacco plc (LON:BATS) opened at GBX 4,910 ($64.58) on Tuesday. British American Tobacco plc has a twelve month low of GBX 4,237 ($55.73) and a twelve month high of GBX 5,643.60 ($74.23).
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In other news, insider Naresh Sethi sold 7,035 shares of the business’s stock in a transaction dated Wednesday, October 11th. The stock was sold at an average price of GBX 4,898 ($64.42), for a total transaction of £344,574.30 ($453,208.34). Also, insider Alan Davy bought 36 shares of the firm’s stock in a transaction dated Monday, October 9th. The shares were purchased at an average price of GBX 4,816 ($63.34) per share, with a total value of £1,733.76 ($2,280.36). Insiders acquired a total of 45 shares of company stock valued at $216,612 in the last 90 days.
About British American Tobacco plc
British American Tobacco p.l.c. is a tobacco and next generation products company. The Company’s tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).
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