Deutsche Bank Reiterates “Buy” Rating for British American Tobacco Plc Ads (LON:BATS)

British American Tobacco Plc Ads (LON:BATS)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank in a report issued on Monday, MarketBeat Ratings reports. They presently have a GBX 4,000 ($49.22) target price on the stock. Deutsche Bank’s price target would indicate a potential upside of 28.85% from the stock’s previous close.

A number of other analysts have also recently weighed in on BATS. Barclays reaffirmed an “overweight” rating on shares of British American Tobacco Plc Ads in a research note on Wednesday, June 10th. UBS Group restated a “buy” rating and set a GBX 3,200 ($39.38) price objective on shares of British American Tobacco Plc Ads in a research report on Wednesday, June 10th. Jefferies Financial Group set a GBX 4,800 ($59.07) target price on British American Tobacco Plc Ads and gave the stock a “buy” rating in a report on Wednesday, June 10th. Sanford C. Bernstein raised British American Tobacco Plc Ads to an “outperform” rating and lifted their price target for the company from GBX 3,800 ($46.76) to GBX 3,900 ($47.99) in a research note on Thursday, March 5th. Finally, Credit Suisse Group reaffirmed an “outperform” rating on shares of British American Tobacco Plc Ads in a research note on Wednesday, June 10th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have issued a buy rating to the company’s stock. British American Tobacco Plc Ads has an average rating of “Buy” and a consensus price target of GBX 3,619.23 ($44.54).

BATS stock opened at GBX 3,104.50 ($38.20) on Monday. The stock has a market cap of $72.05 billion and a price-to-earnings ratio of 12.61. The company has a debt-to-equity ratio of 70.71, a current ratio of 0.71 and a quick ratio of 0.37. The company has a 50 day simple moving average of GBX 3,122.02 and a 200 day simple moving average of GBX 3,125.16. British American Tobacco Plc Ads has a 1 year low of GBX 116.50 ($1.43) and a 1 year high of GBX 3,507 ($43.16).

In other British American Tobacco Plc Ads news, insider Tadeu Marroco sold 7,069 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of GBX 3,003 ($36.96), for a total transaction of £212,282.07 ($261,238.09).

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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Analyst Recommendations for British American Tobacco Plc Ads (LON:BATS)

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