Goldman Sachs analysts give British American Tobacco (LON: BATS) a price target of 3,700 GBX


British American Tobacco (LON: BATS) received a target price of GBX 3,700 ($ 49.07) from investment analysts at Goldman Sachs Group in a research report released Tuesday, reports Borsen Zeitung. The Goldman Sachs group’s price target indicates a potential rise of 39.49% from the company’s current price.

BATS has been the subject of several other reports. Jefferies Financial Group set a GBX price target of 3,769 ($ 49.98) for British American Tobacco in a report released on Tuesday, November 9. JPMorgan Chase & Co. set a target price of 3,100 GBX ($ 41.11) for British American Tobacco in a report released Tuesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” note on British American Tobacco shares in a report published on Tuesday (October 19th). Morgan Stanley reaffirmed an “overweight” rating on British American Tobacco shares in a report released on Monday (November 15th). Finally, Barclays reissued an “overweight” rating and set a GBX 3,300 ($ 43.76) price target on British American Tobacco shares in a research report released on Friday. One analyst rated the stock with a conservation rating and eleven gave the stock a buy rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 3,553.22 ($ 47.12).

British American Tobacco shares traded at GBX 27 ($ 0.36) during trading on Tuesday, reaching GBX 2,652.50 ($ 35.17). The stock had a trade volume of 4,970,495 shares, compared to its average volume of 2,991,019. The company has a leverage ratio of 71.25, a current ratio of 0.78, and a rapid ratio of 0.40. The company has a market capitalization of £ 60.87 billion and a P / E ratio of 9.83. The company has a fifty-day moving average of 2,576.40 GBX and a two hundred-day moving average of 2,682.94 GBX. British American Tobacco has a 52 week minimum of GBX 2,478 ($ 32.86) and a 52 week maximum of GBX 2,961.50 ($ 39.27).

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About British American Tobacco

British American Tobacco plc supplies tobacco and nicotine products to consumers around the world. It offers modern steam products, tobacco heaters and oral products; fuel products; and traditional oral products, such as Swedish-style snus and American snuff. The company distributes its products to retail outlets.

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Analyst Recommendations for British American Tobacco (LON: BATS)

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