Barclays Cuts British American Tobacco Plc Ads (LON:BATS) Price Target to GBX 3,800

British American Tobacco Plc Ads (LON:BATS) had its price objective trimmed by Barclays from GBX 4,200 ($51.69) to GBX 3,800 ($46.76) in a research report released on Wednesday, Borsen Zeitung reports. The firm currently has an overweight rating on the stock.

A number of other equities analysts have also recently issued reports on BATS. Citigroup reaffirmed a buy rating on shares of British American Tobacco Plc Ads in a report on Thursday, June 18th. Royal Bank of Canada reaffirmed a neutral rating and issued a GBX 2,600 ($32.00) target price on shares of British American Tobacco Plc Ads in a report on Tuesday, June 9th. Societe Generale lowered their target price on British American Tobacco Plc Ads from GBX 4,100 ($50.46) to GBX 3,800 ($46.76) and set a buy rating for the company in a report on Friday, March 27th. UBS Group reaffirmed a buy rating and issued a GBX 3,200 ($39.38) target price on shares of British American Tobacco Plc Ads in a report on Wednesday, June 10th. Finally, DZ Bank lowered their target price on British American Tobacco Plc Ads from GBX 2,600 ($32.00) to GBX 2,200 ($27.07) and set a sell rating for the company in a report on Friday, March 20th. One research analyst has rated the stock with a sell rating, one has given a hold rating and thirteen have issued a buy rating to the company. British American Tobacco Plc Ads currently has a consensus rating of Buy and an average price target of GBX 3,655 ($44.98).

Shares of BATS stock opened at GBX 2,878 ($35.42) on Wednesday. The company has a quick ratio of 0.37, a current ratio of 0.71 and a debt-to-equity ratio of 70.71. British American Tobacco Plc Ads has a twelve month low of GBX 116.50 ($1.43) and a twelve month high of GBX 3,507 ($43.16). The company has a market cap of $66.99 billion and a P/E ratio of 11.73. The business has a fifty day simple moving average of GBX 3,127.80 and a 200 day simple moving average of GBX 3,123.43.

In related news, insider Tadeu Marroco sold 7,069 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of GBX 3,003 ($36.96), for a total transaction of £212,282.07 ($261,238.09).

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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