British American Tobacco Plc Ads (LON:BATS) Given a GBX 2,400 Price Target by Bank of America Analysts

British American Tobacco Plc Ads (LON:BATS) has been given a GBX 2,400 ($31.36) price objective by Bank of America in a research note issued on Monday, Borsen Zeitung reports. The brokerage currently has a “sell” rating on the stock. Bank of America‘s price objective indicates a potential downside of 10.04% from the stock’s current price.

Several other equities research analysts have also recently weighed in on BATS. Royal Bank of Canada set a GBX 2,800 ($36.59) target price on British American Tobacco Plc Ads and gave the company a “neutral” rating in a report on Thursday, August 1st. Credit Suisse Group set a GBX 4,035 ($52.72) target price on British American Tobacco Plc Ads and gave the company a “buy” rating in a report on Wednesday, September 18th. Deutsche Bank restated a “buy” rating and set a GBX 4,000 ($52.27) target price on shares of British American Tobacco Plc Ads in a report on Friday, September 13th. Barclays restated an “overweight” rating on shares of British American Tobacco Plc Ads in a report on Wednesday, September 25th. Finally, UBS Group restated a “buy” rating on shares of British American Tobacco Plc Ads in a report on Thursday, October 10th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the stock. British American Tobacco Plc Ads has a consensus rating of “Buy” and a consensus target price of GBX 3,607.50 ($47.14).

BATS opened at GBX 2,668 ($34.86) on Monday. The stock has a 50-day moving average price of GBX 2,850.89 and a 200-day moving average price of GBX 2,941.68. British American Tobacco Plc Ads has a 12-month low of GBX 2,336.50 ($30.53) and a 12-month high of GBX 3,659 ($47.81). The company has a current ratio of 0.73, a quick ratio of 0.38 and a debt-to-equity ratio of 76.74. The stock has a market capitalization of $61.20 billion and a P/E ratio of 9.93.

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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