Berenberg Bank reaffirmed their buy rating on shares of British American Tobacco plc (LON:BATS) in a report issued on Thursday. Berenberg Bank currently has a GBX 5,670 ($74.79) price target on the stock.
Several other equities research analysts also recently weighed in on BATS. BNP Paribas set a GBX 6,000 ($79.15) price objective on British American Tobacco plc and gave the company a buy rating in a report on Thursday, April 6th. Whitman Howard reissued a hold rating and issued a GBX 5,300 ($69.91) price objective on shares of British American Tobacco plc in a report on Thursday, April 13th. Jefferies Group LLC increased their price objective on British American Tobacco plc from GBX 5,800 ($76.51) to GBX 6,600 ($87.06) and gave the company a buy rating in a report on Wednesday, April 19th. UBS AG set a GBX 5,300 ($69.91) price objective on British American Tobacco plc and gave the company a buy rating in a report on Wednesday, April 19th. Finally, Citigroup Inc. reissued a buy rating and issued a GBX 6,000 ($79.15) price objective on shares of British American Tobacco plc in a report on Tuesday, May 9th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of GBX 5,638.24 ($74.37).
British American Tobacco plc (LON BATS) opened at 5046.00 on Thursday. British American Tobacco plc has a 52-week low of GBX 4,237.00 and a 52-week high of GBX 5,643.60. The firm’s 50-day moving average is GBX 5,296.14 and its 200-day moving average is GBX 5,223.71. The stock’s market capitalization is GBX 93.75 billion.
The firm also recently disclosed a dividend, which will be paid on Thursday, September 28th. Shareholders of record on Thursday, August 17th will be given a GBX 56.50 ($0.75) dividend. This represents a yield of 1.06%. The ex-dividend date is Thursday, August 17th.
In other British American Tobacco plc news, insider Ricardo Oberlander sold 6,719 shares of the stock in a transaction on Friday, May 12th. The stock was sold at an average price of GBX 5,371 ($70.85), for a total value of £360,877.49 ($476,028.87). Also, insider Jack Bowles acquired 75,000 shares of the business’s stock in a transaction on Wednesday, May 10th. The stock was acquired at an average price of GBX 5,296 ($69.86) per share, with a total value of £3,972,000 ($5,239,414.33). Insiders acquired 84,026 shares of company stock valued at $446,719,049 in the last quarter.
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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