Is British American Tobacco PLC (LON:BATS) Worth Your Time and Dime Following a Barclays Capital Upgrade?

August 10, 2018 - By Christine McCrea

British American Tobacco p.l.c. (LON:BATS) Logo

British American Tobacco PLC (LON:BATS) Stock Upgrade

Barclays Capital has boosted shares of British American Tobacco PLC (LON:BATS) to a “Overweight” and at this point in time has a GBX 5000.00 target price on the stock. This was released in a research note earlier today. Barclays Capital’s target price would indicate a possible upside of 19.03 %.

British American Tobacco p.l.c. (LON:BATS) Ratings Coverage

Among 12 analysts covering British American Tobacco (LON:BATS), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. British American Tobacco has GBX 6000 highest and GBX 3800 lowest target. GBX 4944.09’s average target is 19.01% above currents GBX 4154.5 stock price. British American Tobacco had 28 analyst reports since February 14, 2018 according to SRatingsIntel. The rating was maintained by JP Morgan on Wednesday, June 13 with “Overweight”. The stock of British American Tobacco p.l.c. (LON:BATS) earned “Overweight” rating by Morgan Stanley on Friday, March 23. The firm has “Buy” rating given on Friday, July 27 by Deutsche Bank. Liberum Capital maintained the stock with “Buy” rating in Friday, July 20 report. On Friday, February 23 the stock rating was maintained by JP Morgan with “Overweight”. The firm earned “Outperform” rating on Wednesday, March 28 by Credit Suisse. The stock has “Buy” rating by Jefferies on Monday, March 12. The firm has “Buy” rating given on Thursday, July 26 by Liberum Capital. Jefferies maintained the stock with “Buy” rating in Friday, June 1 report. The firm has “Neutral” rating given on Monday, July 30 by Citigroup.

The stock decreased 0.94% or GBX 39.5 during the last trading session, reaching GBX 4154.5. About 2.44 million shares traded. British American Tobacco p.l.c. (LON:BATS) has 0.00% since August 11, 2017 and is . It has underperformed by 12.57% the S&P500.

British American Tobacco p.l.c. engages in the production and sale of tobacco products. The company has market cap of 88.28 billion GBP. It provides cigarettes and cigars; snus, a low-toxicant smokeless tobacco product; and e-cigarettes and other products, such as vapor and tobacco heating products, as well as nicotine inhalers. It has a 2.48 P/E ratio. The firm 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.

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