British American Tobacco Plc Ads (LON:BATS) had its price target hoisted by Royal Bank of Canada from GBX 3,000 ($39.46) to GBX 3,100 ($40.78) in a research note issued to investors on Monday, Borsen Zeitung reports. The brokerage currently has a sector performer rating on the stock.
Several other research analysts also recently commented on the company. UBS Group reaffirmed a buy rating on shares of British American Tobacco Plc Ads in a research note on Friday, February 28th. Citigroup reaffirmed a buy rating on shares of British American Tobacco Plc Ads in a research note on Monday, March 2nd. Morgan Stanley decreased their price objective on British American Tobacco Plc Ads from GBX 3,500 ($46.04) to GBX 3,460 ($45.51) and set an equal weight rating on the stock in a research note on Tuesday, March 3rd. Jefferies Financial Group decreased their price objective on British American Tobacco Plc Ads from GBX 4,700 ($61.83) to GBX 4,600 ($60.51) and set a buy rating on the stock in a research note on Monday, February 24th. Finally, DZ Bank decreased their price objective on British American Tobacco Plc Ads from GBX 2,600 ($34.20) to GBX 2,200 ($28.94) and set a sell rating on the stock in a research note on Friday, March 20th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of GBX 3,656.15 ($48.09).
BATS stock opened at GBX 2,733.50 ($35.96) on Monday. British American Tobacco Plc Ads has a fifty-two week low of GBX 116.50 ($1.53) and a fifty-two week high of GBX 3,507 ($46.13). The business’s 50-day moving average is GBX 3,068.21 and its two-hundred day moving average is GBX 3,048.78. The company has a debt-to-equity ratio of 70.71, a quick ratio of 0.37 and a current ratio of 0.71. The company has a market cap of $62.70 billion and a price-to-earnings ratio of 10.98.
The firm also recently announced a dividend, which will be paid on Wednesday, May 13th. Investors of record on Thursday, March 26th will be given a dividend of GBX 52.60 ($0.69) per share. The ex-dividend date of this dividend is Thursday, March 26th. This represents a dividend yield of 1.66%. This is a boost from British American Tobacco Plc Ads’s previous dividend of $50.75. British American Tobacco Plc Ads’s dividend payout ratio (DPR) is currently 0.84%.
British American Tobacco Plc Ads Company Profile
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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