DZ Bank reaffirmed their neutral rating on shares of British American Tobacco (LON:BATS) in a report published on Tuesday.
Other equities research analysts also recently issued reports about the company. Deutsche Bank reaffirmed a buy rating and set a GBX 6,000 ($81.37) price target on shares of British American Tobacco in a research report on Thursday, October 26th. Berenberg Bank increased their price target on British American Tobacco from GBX 5,500 ($74.59) to GBX 5,575 ($75.60) and gave the stock a buy rating in a research report on Wednesday, November 22nd. Goldman Sachs Group set a GBX 5,500 ($74.59) price target on British American Tobacco and gave the stock a buy rating in a research report on Thursday, October 26th. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 5,610 ($76.08) price target on shares of British American Tobacco in a research report on Thursday, October 26th. Finally, UBS Group set a GBX 5,670 ($76.89) price target on British American Tobacco and gave the stock a buy rating in a research report on Tuesday, October 24th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of GBX 5,628.67 ($76.33).
Shares of British American Tobacco (BATS) opened at GBX 4,968 ($67.37) on Tuesday. The firm has a market capitalization of $113,950.00 and a PE ratio of 2,188.55. British American Tobacco has a 12-month low of GBX 4,064 ($55.11) and a 12-month high of GBX 5,643.60 ($76.53).
The firm also recently announced a dividend, which will be paid on Thursday, February 8th. Stockholders of record on Thursday, December 28th will be given a dividend of GBX 43.60 ($0.59) per share. This represents a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, December 28th.
In related news, insider Andrew Gray sold 8,993 shares of the firm’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of GBX 4,951 ($67.14), for a total value of £445,243.43 ($603,801.78). Also, insider Ricardo Oberlander sold 6,000 shares of the firm’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of GBX 5,000 ($67.81), for a total transaction of £300,000 ($406,834.83). Insiders purchased a total of 2,989 shares of company stock worth $14,899,415 over the last ninety days.
WARNING: “British American Tobacco (BATS) Rating Reiterated by DZ Bank” was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this news story on another site, it was stolen and reposted in violation of international trademark & copyright law. The original version of this news story can be read at https://www.dispatchtribunal.com/2018/01/13/british-american-tobacco-bats-rating-reiterated-by-dz-bank.html.
About British American Tobacco
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).
Receive News & Ratings for British American Tobacco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco and related companies with MarketBeat.com's FREE daily email newsletter.