Jefferies Financial Group Cuts British American Tobacco Plc Ads (LON:BATS) Price Target to GBX 2,700

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British American Tobacco Plc Ads (LON:BATS) had its price objective cut by Jefferies Financial Group from GBX 3,000 ($39.22) to GBX 2,700 ($35.30) in a report published on Monday, Borsen Zeitung reports. They currently have a hold rating on the stock.

Several other equities research analysts also recently commented on BATS. Morgan Stanley reaffirmed a buy rating on shares of British American Tobacco Plc Ads in a research note on Wednesday, July 8th. Deutsche Bank reaffirmed a buy rating and issued a GBX 4,000 ($52.29) target price on shares of British American Tobacco Plc Ads in a research note on Monday, August 3rd. Liberum Capital reaffirmed a buy rating on shares of British American Tobacco Plc Ads in a research note on Friday, July 31st. UBS Group reaffirmed a buy rating on shares of British American Tobacco Plc Ads in a research note on Monday, July 27th. Finally, Credit Suisse Group reaffirmed a buy rating and issued a GBX 3,930 ($51.38) target price on shares of British American Tobacco Plc Ads in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have given a buy rating to the company’s stock. British American Tobacco Plc Ads presently has an average rating of Buy and an average price target of GBX 3,448.57 ($45.09).

Shares of LON:BATS opened at GBX 2,527.50 ($33.04) on Monday. British American Tobacco Plc Ads has a 52 week low of GBX 30.97 ($0.40) and a 52 week high of GBX 3,507 ($45.85). The company has a debt-to-equity ratio of 72.68, a quick ratio of 0.52 and a current ratio of 0.89. The company has a market capitalization of $57.99 billion and a PE ratio of 9.27. The company has a 50 day moving average price of GBX 2,741.83 and a two-hundred day moving average price of GBX 2,978.36.

In related news, insider Tadeu Marroco sold 7,069 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of GBX 3,003 ($39.26), for a total transaction of £212,282.07 ($277,529.18).

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

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

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