British American Tobacco (LON:BATS) PT Set at GBX 3,400 by JPMorgan Chase & Co.

British American Tobacco (LON:BATS) has been given a GBX 3,400 ($44.42) price target by stock analysts at JPMorgan Chase & Co. in a research note issued on Monday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s target price points to a potential upside of 27.87% from the stock’s previous close.

Several other research analysts have also commented on BATS. reissued a “buy” rating on shares of British American Tobacco in a research report on Tuesday, June 29th. Barclays reissued an “overweight” rating and set a GBX 3,300 ($43.11) price target on shares of British American Tobacco in a research report on Tuesday, July 27th. Citigroup reaffirmed a “buy” rating on shares of British American Tobacco in a research report on Tuesday, June 29th. Jefferies Financial Group set a GBX 3,606 ($47.11) target price on shares of British American Tobacco in a research report on Wednesday, July 28th. Finally, Deutsche Bank Aktiengesellschaft set a GBX 4,000 ($52.26) price target on shares of British American Tobacco in a report on Thursday, July 29th. One research analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 3,568.44 ($46.62).

Shares of LON:BATS opened at GBX 2,659 ($34.74) on Monday. The firm has a 50 day moving average of GBX 2,716.29 and a 200 day moving average of GBX 2,743.09. The company has a quick ratio of 0.40, a current ratio of 0.78 and a debt-to-equity ratio of 71.25. The company has a market capitalization of £61.01 billion and a price-to-earnings ratio of 9.86. British American Tobacco has a 52 week low of GBX 2,422.50 ($31.65) and a 52 week high of GBX 2,961.50 ($38.69).

In other news, insider Karen Guerra bought 2,522 shares of the business’s stock in a transaction that occurred on Wednesday, August 4th. The shares were purchased at an average cost of GBX 2,705 ($35.34) per share, with a total value of £68,220.10 ($89,130.00).

About British American Tobacco

British American Tobacco p.l.c. provides tobacco and nicotine products to consumers worldwide. It offers vapour products, tobacco heating products, and modern oral products; combustible products; and traditional oral products, such as Swedish-style snus and American moist snuff. The company distributes its products to retail outlets.

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Analyst Recommendations for British American Tobacco (LON:BATS)

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