Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for British American Tobacco (LON:BATS)

British American Tobacco (LON:BATSGet Rating)‘s stock had its “buy” rating reaffirmed by equities researchers at Deutsche Bank Aktiengesellschaft in a research note issued on Thursday, MarketBeat.com reports. They currently have a GBX 4,000 ($47.82) target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 16.94% from the company’s previous close.

Other research analysts have also issued reports about the company. Morgan Stanley set a GBX 3,780 ($45.19) target price on British American Tobacco in a research note on Tuesday, June 28th. UBS Group set a GBX 3,600 ($43.04) target price on British American Tobacco in a report on Thursday, April 7th. The Goldman Sachs Group set a GBX 4,000 ($47.82) price target on British American Tobacco in a report on Friday, June 17th. JPMorgan Chase & Co. raised their target price on British American Tobacco from GBX 4,000 ($47.82) to GBX 4,500 ($53.80) and gave the stock an “overweight” rating in a report on Friday, July 15th. Finally, Barclays reaffirmed an “overweight” rating and set a GBX 4,400 ($52.60) price target on shares of British American Tobacco in a research report on Tuesday, June 28th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, British American Tobacco presently has a consensus rating of “Moderate Buy” and an average price target of GBX 3,895.50 ($46.57).

British American Tobacco Trading Down 0.9 %

Shares of LON BATS opened at GBX 3,420.50 ($40.89) on Thursday. The stock has a market cap of £77.24 billion and a price-to-earnings ratio of 1,155.57. The company has a debt-to-equity ratio of 58.84, a quick ratio of 0.48 and a current ratio of 0.85. The business has a 50 day simple moving average of GBX 3,492.03 and a 200 day simple moving average of GBX 3,310.26. British American Tobacco has a 52 week low of GBX 2,507.50 ($29.98) and a 52 week high of GBX 3,645 ($43.57).

British American Tobacco Company Profile

(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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