Goldman Sachs Group, Inc. (The) Analysts Give British American Tobacco plc (LON:BATS) a GBX 5,400 Price Target

British American Tobacco plc (LON:BATS) has been assigned a GBX 5,400 ($70.32) price objective by stock analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Friday. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group, Inc. (The)’s target price suggests a potential upside of 10.14% from the company’s current price.

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A number of other research firms also recently commented on BATS. Credit Suisse Group reiterated an “outperform” rating and set a GBX 6,100 ($79.44) price objective on shares of British American Tobacco plc in a research note on Tuesday, May 30th. Berenberg Bank reiterated a “buy” rating and set a GBX 5,670 ($73.84) price objective on shares of British American Tobacco plc in a research note on Tuesday, May 23rd. Whitman Howard reiterated a “hold” rating and set a GBX 5,300 ($69.02) price objective on shares of British American Tobacco plc in a research note on Wednesday, June 14th. Citigroup Inc. reiterated a “buy” rating on shares of British American Tobacco plc in a research note on Saturday, May 20th. Finally, UBS AG set a GBX 5,670 ($73.84) price objective on shares of British American Tobacco plc and gave the company a “buy” rating in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company’s stock. British American Tobacco plc currently has a consensus rating of “Buy” and a consensus price target of GBX 5,632.35 ($73.35).

British American Tobacco plc (LON:BATS) opened at 4877.00 on Friday. British American Tobacco plc has a 1-year low of GBX 2,879.89 and a 1-year high of GBX 5,643.60. The firm’s market capitalization is GBX 90.61 billion. The firm has a 50-day moving average of GBX 5,216.59 and a 200-day moving average of GBX 5,232.80.

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In other news, insider Alan Davy acquired 21 shares of the business’s stock in a transaction that occurred on Monday, July 10th. The shares were purchased at an average cost of GBX 5,203 ($67.76) per share, for a total transaction of £1,092.63 ($1,422.88). Also, insider Jack Bowles acquired 9,000 shares of the business’s stock in a transaction that occurred on Friday, June 23rd. The stock was purchased at an average price of GBX 5,487 ($71.45) per share, for a total transaction of £493,830 ($643,091.55). Over the last quarter, insiders purchased 9,029 shares of company stock worth $49,533,494.

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).