The British American Tobacco PLC (BTI) Receives $114.00 Consensus Price Target from Analysts

The British American Tobacco PLC (BTI) Receives $114.00 Consensus Price Target from Analysts

British American Tobacco PLC (NYSEMKT:BTI) has been given a consensus recommendation of “Buy” by the twelve analysts that are presently covering the firm. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $121.50.

Several research analysts have weighed in on BTI shares. Zacks Investment Research lowered British American Tobacco PLC from a “hold” rating to a “sell” rating in a report on Friday, September 23rd. upgraded British American Tobacco PLC from an “underperform” rating to an “outperform” rating in a report on Monday, November 21st. Goldman Sachs Group Inc. restated a “buy” rating on shares of British American Tobacco PLC in a report on Monday, October 24th. RBC Capital Markets upgraded British American Tobacco PLC from an “underperform” rating to a “sector perform” rating in a report on Friday, January 6th. Finally, Societe Generale upgraded British American Tobacco PLC from a “hold” rating to a “buy” rating in a report on Friday, October 28th.

An institutional investor recently raised its position in British American Tobacco PLC stock. ETRADE Capital Management LLC increased its position in shares of British American Tobacco PLC (NYSEMKT:BTI) by 15.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,145 shares of the company’s stock after buying an additional 1,649 shares during the period. ETRADE Capital Management LLC’s holdings in British American Tobacco PLC were worth $1,551,000 at the end of the most recent reporting period.

British American Tobacco PLC (NYSEMKT:BTI) opened at 116.76 on Tuesday. The firm has a market cap of $108.47 billion and a price-to-earnings ratio of 20.72. The stock’s 50 day moving average price is $112.10 and its 200-day moving average price is $119.50. British American Tobacco PLC has a one year low of $100.06 and a one year high of $131.34.

British American Tobacco PLC Company Profile

British American Tobacco p.l.c. is a tobacco company. The Company is engaged in manufacturing and marketing cigarettes and other tobacco products. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA). The Company’s brands include Dunhill, Kent, Lucky Strike, Pall Mall and Rothmans.

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