Credit Suisse Group Lowers British American Tobacco plc (BATS) Price Target to GBX 5,800

British American Tobacco plc (LON:BATS) had its price objective decreased by research analysts at Credit Suisse Group from GBX 6,100 ($80.20) to GBX 5,800 ($76.26) in a note issued to investors on Tuesday. The firm currently has an “outperform” rating on the stock. Credit Suisse Group’s price objective would suggest a potential upside of 20.34% from the stock’s current price.

A number of other equities analysts have also weighed in on BATS. Whitman Howard reiterated a “hold” rating and issued a GBX 5,300 ($69.68) price target on shares of British American Tobacco plc in a research report on Wednesday, June 14th. Investec reissued a “hold” rating and issued a GBX 5,500 ($72.31) target price on shares of British American Tobacco plc in a report on Wednesday, July 12th. UBS AG set a GBX 5,670 ($74.55) target price on shares of British American Tobacco plc and gave the stock a “buy” rating in a report on Thursday, July 13th. S&P Global set a GBX 5,600 ($73.63) target price on shares of British American Tobacco plc and gave the stock a “neutral” rating in a report on Thursday, July 27th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a GBX 6,500 ($85.46) target price on shares of British American Tobacco plc in a report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of GBX 5,592.94 ($73.53).

British American Tobacco plc (LON:BATS) traded up 0.96% during mid-day trading on Tuesday, reaching GBX 4866.00. 1,220,436 shares of the company’s stock traded hands. The company’s market cap is GBX 90.41 billion. British American Tobacco plc has a 12-month low of GBX 4,237.00 and a 12-month high of GBX 5,643.60. The stock has a 50 day moving average of GBX 4,748.92 and a 200 day moving average of GBX 5,154.58.

TRADEMARK VIOLATION WARNING: “Credit Suisse Group Lowers British American Tobacco plc (BATS) Price Target to GBX 5,800” was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/10/credit-suisse-group-lowers-british-american-tobacco-plc-bats-price-target-to-gbx-5800.html.

In other British American Tobacco plc news, insider Alan Davy purchased 36 shares of

A number of other equities analysts have also weighed in on BATS. Whitman Howard reiterated a “hold” rating and issued a GBX 5,300 ($69.68) price target on shares of British American Tobacco plc in a research report on Wednesday, June 14th. Investec reissued a “hold” rating and issued a GBX 5,500 ($72.31) target price on shares of British American Tobacco plc in a report on Wednesday, July 12th. UBS AG set a GBX 5,670 ($74.55) target price on shares of British American Tobacco plc and gave the stock a “buy” rating in a report on Thursday, July 13th. S&P Global set a GBX 5,600 ($73.63) target price on shares of British American Tobacco plc and gave the stock a “neutral” rating in a report on Thursday, July 27th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a GBX 6,500 ($85.46) target price on shares of British American Tobacco plc in a report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of GBX 5,592.94 ($73.53).

British American Tobacco plc (LON:BATS) traded up 0.96% during mid-day trading on Tuesday, reaching GBX 4866.00. 1,220,436 shares of the company’s stock traded hands. The company’s market cap is GBX 90.41 billion. British American Tobacco plc has a 12-month low of GBX 4,237.00 and a 12-month high of GBX 5,643.60. The stock has a 50 day moving average of GBX 4,748.92 and a 200 day moving average of GBX 5,154.58.

TRADEMARK VIOLATION WARNING: “Credit Suisse Group Lowers British American Tobacco plc (BATS) Price Target to GBX 5,800” was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/10/credit-suisse-group-lowers-british-american-tobacco-plc-bats-price-target-to-gbx-5800.html.

In other British American Tobacco plc news, insider Alan Davy purchased 36 shares of the firm’s stock in a transaction that occurred on Monday, October 9th. The shares were bought at an average price of GBX 4,816 ($63.32) per share, with a total value of £1,733.76 ($2,279.46). In the last ninety days, insiders have purchased 45 shares of company stock worth $216,396.

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).

Analyst Recommendations for British American Tobacco plc (LON:BATS)

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