British American Tobacco (LON: BATS)‘s stock had its “overweight” rating reaffirmed by JP Morgan Cazenove in a research note issued on Friday. They currently have a $63.21 (4209 GBX) price target on the stock.
A number of other analysts have also recently weighed in on BATS. Analysts at Morgan Stanley raised their price target on shares of British American Tobacco from $47.76 to $52.30 in a research note to investors on Friday. They now have an “equal weight” rating on the stock. Separately, analysts at HB Markets reiterated a “buy” rating on shares of British American Tobacco in a research note to investors on Friday. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of British American Tobacco in a research note to investors on Friday. They now have a $57.61 price target on the stock, up previously from $57.07.
Shares of British American Tobacco traded up 2.14% during mid-day trading on Friday, hitting GBX 3508.0002. British American Tobacco has a 52 week low of GBX 2755.00 and a 52 week high of GBX 3514.00. The stock’s 50-day moving average is currently GBX 3227.. The company’s market cap is £67.594 billion.
British American Tobacco p.l.c. (British American Tobacco) is a holding company. The Company’s four principal brands include Dunhill, Kent, Lucky Strike and Pall Mall.
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