British American Tobacco Plc Ads (BATS) Earns Neutral Rating from Citigroup

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British American Tobacco Plc Ads (LON:BATS)‘s stock had its “neutral” rating reissued by equities researchers at Citigroup in a research note issued on Wednesday, October 17th.

Several other equities research analysts also recently commented on the stock. Royal Bank of Canada downgraded shares of British American Tobacco Plc Ads to an “underperform” rating in a research report on Monday, September 3rd. Goldman Sachs Group set a GBX 5,250 ($68.60) price target on shares of British American Tobacco Plc Ads and gave the company a “buy” rating in a research report on Tuesday, September 4th. Credit Suisse Group increased their target price on shares of British American Tobacco Plc Ads from GBX 5,200 ($67.95) to GBX 5,250 ($68.60) and gave the stock an “outperform” rating in a research report on Monday, July 30th. Barclays upgraded shares of 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. Finally, Liberum Capital reiterated a “buy” rating on shares of British American Tobacco Plc Ads in a research report on Wednesday, October 3rd. Two analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of GBX 4,761.18 ($62.21).

Shares of LON:BATS traded down GBX 57 ($0.74) during mid-day trading on Wednesday, hitting GBX 3,314.50 ($43.31). The stock had a trading volume of 4,799,144 shares, compared to its average volume of 4,160,000. British American Tobacco Plc Ads has a 12-month low of GBX 4,064 ($53.10) and a 12-month 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 on Tuesday, October 23rd. The shares were sold at an average price of GBX 3,465 ($45.28), for a total value of £16,458.75 ($21,506.27).

About British American Tobacco Plc Ads

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: Average Daily Trade Volume – What You Need to Know

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

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