British American Tobacco (BATS) Rating Reiterated by DZ Bank

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.

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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).

Analyst Recommendations for British American Tobacco (LON:BATS)

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