Natixis upgraded shares of British American Tobacco (LON:BATS) to a buy rating in a report issued on Wednesday, AnalystRatingsNetwork reports. They currently have GBX 3,900 ($58.90) target price on the stock.
Shares of British American Tobacco (LON: BATS) traded down 0.87% during mid-day trading on Wednesday, hitting GBX 3470.5002. British American Tobacco has a one year low of GBX 3060.50 and a one year high of GBX 3807.50. The stock’s 50-day moving average is currently GBX 3227.. The company’s market cap is £66.629 billion.
A number of other analysts have also recently weighed in on BATS. Analysts at JPMorgan Chase & Co. reiterated an overweight rating on shares of British American Tobacco in a research note to investors on Tuesday. They now have a GBX 4,209 ($63.57) price target on the stock. Separately, analysts at Barclays Capital reiterated an overweight rating on shares of British American Tobacco in a research note to investors on Thursday, July 11th. They now have a GBX 3,950 ($59.66) price target on the stock. Finally, analysts at Canaccord Genuity downgraded shares of British American Tobacco from a hold rating to a sell rating in a research note to investors on Tuesday, July 9th. They now have a GBX 3,000 ($45.31) price target on the stock, down previously from GBX 3,225 ($48.71).
Two analysts have rated the stock with a sell rating, five have given a hold rating and seventeen have issued a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of GBX 3,771.02 ($56.96).
British American Tobacco p.l.c. (LON: BATS) is a holding company.
