British American Tobacco Receives New Coverage from Analysts at First Global (BATS)

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Research analysts at First Global assumed coverage on shares of British American Tobacco (LON:BATS) in a report released on Monday, AnalystRatings.NET reports. The firm set a “market perform” rating on the stock.

A number of other firms have also recently commented on BATS. Analysts at Panmure Gordon downgraded shares of British American Tobacco to a “hold” rating in a research note to investors on Thursday, December 19th. They now have a GBX 3,300 ($53.90) price target on the stock, down previously from GBX 3,800 ($62.06). Separately, analysts at Nomura cut their price target on shares of British American Tobacco from GBX 3,840 ($62.71) to GBX 3,720 ($60.75) in a research note to investors on Wednesday, December 18th. They now have a “buy” rating on the stock. Finally, analysts at UBS AG cut their price target on shares of British American Tobacco from GBX 3,850 ($62.88) to GBX 3,715 ($60.67) in a research note to investors on Tuesday, December 17th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and sixteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 3,732.83 ($60.96).

Shares of British American Tobacco (LON:BATS) opened at 3213.4998 on Monday. British American Tobacco has a 52 week low of GBX 3088.00 and a 52 week high of GBX 3807.50. The stock has a 50-day moving average of GBX 3277. and a 200-day moving average of GBX 3355.. The company’s market cap is £61.282 billion.

British American Tobacco p.l.c. (LON:BATS) is a holding company.

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