British American Tobacco (LON:BATS) PT set at 3,800 GBX by Goldman Sachs Group

British American Tobacco (LON:BATS – Get a rating) received a price target of 3,800 GBX ($44.93) from equity research analysts Goldman Sachs Group in a research note released Tuesday to investors, Borsen Zeitung reports. The Goldman Sachs Group price target indicates upside potential of 13.52% from the current share price.

BATS has been the subject of a number of other reports. Barclays raised its price target on British American Tobacco shares from 4,400 GBX ($52.03) to 4,500 GBX ($53.21) and gave the stock an “overweight” rating in a rating. research from Tuesday, August 30. Credit Suisse Group set a price target of 4,300 GBX ($50.85) on British American Tobacco in a Wednesday, September 28 report. JPMorgan Chase & Co. restated an “overweight” rating and set a price target of 4,500 GBX ($53.21) on shares of British American Tobacco in a Thursday, July 28 report. Royal Bank of Canada raised its price target on British American Tobacco from 3,100 GBX ($36.66) to 3,500 GBX ($41.39) and gave the stock a “sector performance” rating in a research note from Thursday, July 28. Finally, Citigroup reissued a “buy” rating and set a target price of 3,900 GBX ($46.12) on British American Tobacco shares in a Tuesday, July 26 research note. One equity research analyst gave the stock a hold rating and five gave the company a buy rating. Based on data from MarketBeat, the stock currently has an average rating of “moderate buy” and an average target price of 4,068 GBX ($48.10).

UK US tobacco trade down 0.1%

LON BATS fell 2 GBX ($0.02) on Tuesday, reaching 3,347.50 GBX ($39.58). 952,493 shares were traded, against an average volume of 3,385,140. The company has a debt ratio of 60.59, a quick ratio of 0.47 and a current ratio of 0.88. British American Tobacco has a 52-week low of 2,514 GBX ($29.73) and a 52-week high of 3,645 GBX ($43.10). The company has a market capitalization of £75.05 billion and a P/E ratio of 1,424.89. The stock has a fifty-day moving average price of 3,344.29 GBX and a two-hundred-day moving average price of 3,409.52 GBX.

About British American Tobacco

(Get an assessment)

British American Tobacco plc supplies tobacco and nicotine products to consumers around the world. It offers vapor, tobacco heating and modern oral nicotine products; combustible products; and traditional oral products, such as snus and wet snuff. The Company offers its products under the brands Kent, Dunhill, Lucky Strike, Pall Mall, Rothmans, Camel, Newport, Natural American Spirit, namely Vapor, THP and Modern Oral.

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