Royal Bank of Canada set a GBX 2,800 ($36.59) price objective on British American Tobacco Plc Ads (LON:BATS) in a research report sent to investors on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities research analysts have also issued reports on BATS. Morgan Stanley reaffirmed an underweight rating on shares of British American Tobacco Plc Ads in a report on Monday, July 15th. Credit Suisse Group set a GBX 4,010 ($52.40) target price on shares of British American Tobacco Plc Ads and gave the stock a buy rating in a report on Monday, July 8th. UBS Group reaffirmed a buy rating on shares of British American Tobacco Plc Ads in a report on Monday, July 29th. JPMorgan Chase & Co. reaffirmed a buy rating and set a target price on shares of British American Tobacco Plc Ads in a report on Wednesday, July 31st. Finally, Jefferies Financial Group reissued a buy rating and issued a GBX 4,800 ($62.72) price objective on shares of British American Tobacco Plc Ads in a report on Wednesday, June 12th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the company. The company currently has an average rating of Buy and an average target price of GBX 3,752 ($49.03).
British American Tobacco Plc Ads stock opened at GBX 3,057 ($39.95) on Thursday. British American Tobacco Plc Ads has a 52-week low of GBX 2,336.50 ($30.53) and a 52-week high of GBX 4,240 ($55.40). The stock has a market capitalization of $71.35 billion and a price-to-earnings ratio of 11.61. The business’s fifty day simple moving average is GBX 2,933.44. The company has a debt-to-equity ratio of 72.33, a current ratio of 0.78 and a quick ratio of 0.40.
The company also recently disclosed a dividend, which will be paid on Thursday, November 14th. Investors of record on Thursday, October 3rd will be issued a GBX 50.75 ($0.66) dividend. This represents a dividend yield of 1.61%. The ex-dividend date of this dividend is Thursday, October 3rd. British American Tobacco Plc Ads’s dividend payout ratio is currently 0.77%.
In related news, insider Jack Bowles sold 6,811 shares of the company’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of GBX 2,947 ($38.51), for a total value of £200,720.17 ($262,276.45).
British American Tobacco Plc Ads Company Profile
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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