British American Tobacco (LON:BATS) Given New GBX 4,150 Price Target at JPMorgan Chase & Co.

British American Tobacco (LON:BATS) had its price target boosted by JPMorgan Chase & Co. from GBX 3,300 to GBX 4,150 in a research report sent to investors on Wednesday morning, Marketbeat reports. They currently have a neutral rating on the stock.

A number of other brokerages have also recently weighed in on BATS. Deutsche Bank Aktiengesellschaft boosted their price target on British American Tobacco from GBX 4,200 to GBX 4,400 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Royal Bank Of Canada lowered British American Tobacco to an “underperform” rating and boosted their target price for the stock from GBX 3,000 to GBX 3,400 in a report on Tuesday, September 2nd. Jefferies Financial Group upped their target price on British American Tobacco from GBX 4,800 to GBX 5,200 and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Finally, Citigroup restated a “buy” rating on shares of British American Tobacco in a research note on Wednesday, July 30th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of GBX 4,210.

British American Tobacco Stock Down 0.9%

British American Tobacco stock opened at GBX 4,316 on Wednesday. The company has a current ratio of 0.88, a quick ratio of 0.47 and a debt-to-equity ratio of 74.63. British American Tobacco has a 1-year low of GBX 2,838 and a 1-year high of GBX 4,806. The firm’s fifty day simple moving average is GBX 3,982.75 and its 200-day simple moving average is GBX 3,852.22. The company has a market capitalization of £93.96 billion, a P/E ratio of 30.98, a P/E/G ratio of 3.12 and a beta of 0.27.

British American Tobacco Company Profile

BAT was founded in 1902 and was first listed on the London Stock Exchange in 1912. A constituent of the FTSE 100 since its creation in 1984, we have evolved, becoming the only truly global company in our sector.

BAT is transforming and is well positioned with a global footprint and multi-category portfolio.