British American Tobacco Plc Ads (LON:BATS) Given a GBX 3,400 Price Target by Royal Bank of Canada Analysts

Share on StockTwits

British American Tobacco Plc Ads (LON:BATS) received a GBX 3,400 ($44.43) price objective from equities researchers at Royal Bank of Canada in a research note issued on Monday, October 15th. The brokerage currently has a “sell” rating on the stock. Royal Bank of Canada’s price target indicates a potential upside of 2.58% from the company’s previous close.

Other equities research analysts also recently issued research reports about the company. Barclays raised British American Tobacco Plc Ads to an “overweight” rating and set a GBX 5,000 ($65.33) target price for the company in a research report on Friday, August 10th. JPMorgan Chase & Co. set a GBX 4,400 ($57.49) price target on British American Tobacco Plc Ads and gave the company a “buy” rating in a report on Thursday, July 26th. Deutsche Bank reissued a “buy” rating on shares of British American Tobacco Plc Ads in a report on Friday, July 27th. Liberum Capital reissued a “buy” rating on shares of British American Tobacco Plc Ads in a report on Thursday, July 26th. Finally, Goldman Sachs Group set a GBX 5,350 ($69.91) target price on British American Tobacco Plc Ads and gave the stock a “buy” rating in a report on Thursday, July 26th. Two analysts have rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of GBX 4,761.18 ($62.21).

LON:BATS traded down GBX 57 ($0.74) on Monday, hitting GBX 3,314.50 ($43.31). 4,799,144 shares of the stock were exchanged, compared to its average volume of 4,160,000. British American Tobacco Plc Ads has a fifty-two week low of GBX 4,064 ($53.10) and a fifty-two week high of GBX 5,643.60 ($73.74).

In related news, insider Giovanni Giordano sold 475 shares of the firm’s stock in a transaction that occurred on Tuesday, October 23rd. The stock was sold at an average price of GBX 3,465 ($45.28), for a total value of £16,458.75 ($21,506.27).

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 and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.

Read More: Momentum Indicator: Relative Strength Index

Analyst Recommendations for British American Tobacco Plc Ads (LON:BATS)

Receive News & Ratings for British American Tobacco Plc Ads Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco Plc Ads and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply