Deutsche Bank reaffirmed their buy rating on shares of British American Tobacco Plc Ads (LON:BATS) in a research note issued to investors on Friday morning, ThisIsMoney.Co.Uk reports.
Several other research firms have also recently commented on BATS. Morgan Stanley began coverage on shares of in a research report on Monday, June 17th. They issued an equal weight rating and a GBX 215 ($2.81) target price for the company. Jefferies Financial Group began coverage on shares of in a research report on Wednesday, June 12th. They issued a hold rating and a GBX 250 ($3.27) target price for the company. Liberum Capital raised shares of to a hold rating and set a GBX 840 ($10.98) target price for the company in a research report on Wednesday, June 12th. Barclays reaffirmed an overweight rating and issued a GBX 3,150 ($41.16) target price on shares of in a research report on Wednesday, June 5th. Finally, UBS Group raised their target price on shares of Fortis from C$54.00 to C$55.00 in a research report on Wednesday, March 20th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the company. The stock has an average rating of Buy and an average price target of GBX 3,817.50 ($49.88).
LON:BATS opened at GBX 2,925.50 ($38.23) on Friday. The stock has a 50-day moving average of GBX 2,880.20. British American Tobacco Plc Ads has a 12 month low of GBX 2,336.50 ($30.53) and a 12 month high of GBX 4,265 ($55.73). The company has a debt-to-equity ratio of 72.33, a quick ratio of 0.40 and a current ratio of 0.78. The stock has a market cap of $67.11 billion and a PE ratio of 11.12.
In related news, insider Jack Bowles sold 6,811 shares of the stock in a transaction dated Monday, May 20th. The shares were sold at an average price of GBX 2,947 ($38.51), for a total value of £200,720.17 ($262,276.45).
About British American Tobacco Plc Ads
British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide. It manufactures vapour and tobacco heating products; oral tobacco and nicotine products, such as snus, tobacco-free nicotine pouches, and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Camel, Natural American Spirit, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.
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