JPMorgan Chase & Co. Analysts Give British American Tobacco Plc Ads (LON:BATS) a GBX 3,600 Price Target

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JPMorgan Chase & Co. set a GBX 3,600 ($47.04) target price on British American Tobacco Plc Ads (LON:BATS) in a research note published on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the stock. Citigroup cut shares of OIL SEARCH LTD/ADR from a neutral rating to a sell rating in a research report on Thursday, March 28th. Liberum Capital upgraded shares of to a hold rating and set a GBX 840 ($10.98) price objective on the stock in a research report on Wednesday, June 12th. UBS Group boosted their price target on shares of Fortis from C$54.00 to C$55.00 in a report on Wednesday, March 20th. Deutsche Bank lowered their price target on shares of from GBX 295 ($3.85) to GBX 285 ($3.72) and set a buy rating on the stock in a report on Wednesday, June 19th. Finally, Barclays restated an overweight rating and set a GBX 3,150 ($41.16) price target on shares of in a report on Wednesday, June 5th. Two analysts have rated the stock with a sell rating, two have given a hold rating and twelve have given a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of GBX 3,817.50 ($49.88).

LON BATS opened at GBX 2,905.50 ($37.97) on Thursday. British American Tobacco Plc Ads has a twelve month low of GBX 2,336.50 ($30.53) and a twelve month high of GBX 4,265 ($55.73). The company has a debt-to-equity ratio of 72.33, a quick ratio of 0.40 and a current ratio of 0.78. The stock has a market cap of $66.65 billion and a PE ratio of 11.04. The business’s 50 day moving average price is GBX 2,884.54.

The business also recently declared a dividend, which will be paid on Thursday, August 8th. Stockholders of record on Thursday, June 27th will be issued a dividend of GBX 50.75 ($0.66) per share. This represents a dividend yield of 1.81%. The ex-dividend date is Thursday, June 27th. British American Tobacco Plc Ads’s dividend payout ratio is currently 0.77%.

In related news, insider Jack Bowles sold 6,811 shares of the company’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of GBX 2,947 ($38.51), for a total value of £200,720.17 ($262,276.45).

British American Tobacco Plc Ads Company Profile

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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