British American Tobacco PLC (BTI) Downgraded by BidaskClub

British American Tobacco PLC (NYSEMKT:BTI) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a note issued to investors on Saturday.

BTI has been the topic of several other research reports. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating on shares of British American Tobacco PLC in a research note on Friday, August 11th. Investec raised shares of British American Tobacco PLC from a “hold” rating to a “buy” rating in a research note on Friday, August 4th. J P Morgan Chase & Co reissued an “overweight” rating on shares of British American Tobacco PLC in a research note on Thursday, August 3rd. Finally, Piper Jaffray Companies initiated coverage on shares of British American Tobacco PLC in a research note on Thursday, May 25th. They set an “overweight” rating on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $72.00.

British American Tobacco PLC (NYSEMKT BTI) traded down 0.90% during trading on Friday, hitting $60.80. 2,919,541 shares of the stock were exchanged. The stock has a 50 day moving average of $66.28 and a 200-day moving average of $71.29. The stock has a market cap of $112.97 billion and a P/E ratio of 20.57. British American Tobacco PLC has a 52 week low of $60.15 and a 52 week high of $130.40.

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British American Tobacco PLC Company Profile

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).