The Goldman Sachs Group Analysts Give British American Tobacco (LON:BATS) a GBX 4,000 Price Target

British American Tobacco (LON:BATSGet Rating) has been given a GBX 4,000 ($48.55) price target by equities researchers at The Goldman Sachs Group in a note issued to investors on Friday, Borsen Zeitung reports. The Goldman Sachs Group’s price objective would suggest a potential upside of 16.70% from the stock’s current price.

A number of other research analysts also recently issued reports on the company. Royal Bank of Canada reissued a “sector perform” rating and issued a GBX 3,100 ($37.63) price target on shares of British American Tobacco in a report on Wednesday, June 1st. JPMorgan Chase & Co. set a GBX 4,000 ($48.55) price target on British American Tobacco in a report on Thursday, June 9th. Deutsche Bank Rese… set a GBX 4,000 ($48.55) target price on British American Tobacco in a research note on Friday, June 10th. Jefferies Financial Group set a GBX 3,900 ($47.34) target price on British American Tobacco in a research note on Thursday, March 10th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of British American Tobacco in a research note on Wednesday, May 11th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from, the stock has a consensus rating of “Buy” and an average price target of GBX 3,825.50 ($46.43).

LON:BATS traded down GBX 12.50 ($0.15) during trading hours on Friday, reaching GBX 3,427.50 ($41.60). The company had a trading volume of 8,149,517 shares, compared to its average volume of 4,266,010. British American Tobacco has a 1-year low of GBX 2,507.50 ($30.43) and a 1-year high of GBX 3,612.97 ($43.85). The firm has a market cap of £77.73 billion and a PE ratio of 11.60. The business’s 50 day moving average price is GBX 3,406.84 and its 200-day moving average price is GBX 3,170.55. The company has a debt-to-equity ratio of 58.84, a current ratio of 0.85 and a quick ratio of 0.48.

In related news, insider Tadeu Marroco sold 8,457 shares of the business’s stock in a transaction that occurred on Monday, March 28th. The stock was sold at an average price of GBX 3,294 ($39.98), for a total transaction of £278,573.58 ($338,115.77). Insiders have purchased 13 shares of company stock valued at $44,138 over the last quarter.

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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