The Goldman Sachs Group Analysts Give British American Tobacco (LON:BATS) a GBX 4,000 Price Target

British American Tobacco (LON:BATSGet Rating) received a GBX 4,000 ($48.55) price objective from The Goldman Sachs Group in a research note issued to investors on Friday, Borsen Zeitung reports. The Goldman Sachs Group’s price target would suggest a potential upside of 16.70% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. Morgan Stanley reaffirmed an “overweight” rating on shares of British American Tobacco in a research report on Wednesday, May 11th. UBS Group set a GBX 3,600 ($43.69) target price on British American Tobacco in a research report on Thursday, April 7th. Royal Bank of Canada reissued a “sector perform” rating and set a GBX 3,100 ($37.63) target price on shares of British American Tobacco in a research report on Wednesday, June 1st. Barclays reissued an “overweight” rating on shares of British American Tobacco in a research report on Monday, May 30th. Finally, Deutsche Bank Rese… set a GBX 4,000 ($48.55) target price on British American Tobacco in a research report on Friday, June 10th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 3,825.50 ($46.43).

BATS traded down GBX 12.50 ($0.15) during mid-day trading on Friday, hitting GBX 3,427.50 ($41.60). 8,149,517 shares of the stock were exchanged, compared to its average volume of 4,266,010. The company has a current ratio of 0.85, a quick ratio of 0.48 and a debt-to-equity ratio of 58.84. The company has a market cap of £77.73 billion and a PE ratio of 11.60. The firm’s fifty day moving average is GBX 3,406.84 and its two-hundred day moving average is GBX 3,170.55. British American Tobacco has a 1-year low of GBX 2,507.50 ($30.43) and a 1-year high of GBX 3,612.97 ($43.85).

In other British American Tobacco news, insider Tadeu Marroco sold 8,457 shares of British American Tobacco stock in a transaction that occurred on Monday, March 28th. The stock was sold at an average price of GBX 3,294 ($39.98), for a total value of £278,573.58 ($338,115.77). Insiders acquired a total of 13 shares of company stock worth $44,138 over the last quarter.

About British American Tobacco (Get Rating)

British American Tobacco p.l.c. provides tobacco and nicotine products to consumers worldwide. It offers vapour, tobacco heating, and modern oral nicotine products; combustible products; and traditional oral products, such as snus and moist snuff. The company offers its products under the Kent, Dunhill, Lucky Strike, Pall Mall, Rothmans, Camel, Newport, Natural American Spirit, being Vapour, THP, and Modern Oral brands.

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Analyst Recommendations for British American Tobacco (LON:BATS)

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