Morgan Stanley Raises British American Tobacco Plc Ads (LON:BATS) Price Target to GBX 3,380

British American Tobacco Plc Ads (LON:BATS) had its target price boosted by Morgan Stanley from GBX 3,200 ($39.38) to GBX 3,380 ($41.59) in a research note published on Tuesday morning, Stock Target Advisor reports. They currently have an overweight rating on the stock.

Other equities analysts have also recently issued research reports about the stock. Liberum Capital restated a buy rating on shares of British American Tobacco Plc Ads in a research report on Wednesday, June 10th. JPMorgan Chase & Co. set a GBX 4,250 ($52.30) price objective on shares of British American Tobacco Plc Ads and gave the company a buy rating in a research report on Monday, June 15th. Jefferies Financial Group set a GBX 4,800 ($59.07) price objective on shares of British American Tobacco Plc Ads and gave the company a buy rating in a research report on Wednesday, June 10th. Goldman Sachs Group assumed coverage on shares of British American Tobacco Plc Ads in a research report on Wednesday, July 1st. They issued a buy rating and a GBX 4,000 ($49.22) price objective on the stock. Finally, Royal Bank of Canada reiterated a neutral rating and set a GBX 2,600 ($32.00) price target on shares of British American Tobacco Plc Ads in a research report on Tuesday, June 9th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have given a buy rating to the company’s stock. British American Tobacco Plc Ads currently has a consensus rating of Buy and a consensus target price of GBX 3,655 ($44.98).

BATS stock opened at GBX 2,878 ($35.42) on Tuesday. The firm’s 50-day moving average price is GBX 3,127.80 and its two-hundred day moving average price is GBX 3,123.43. British American Tobacco Plc Ads has a 12-month low of GBX 116.50 ($1.43) and a 12-month high of GBX 3,507 ($43.16). The stock has a market capitalization of $66.99 billion and a price-to-earnings ratio of 11.73. The company has a current ratio of 0.71, a quick ratio of 0.37 and a debt-to-equity ratio of 70.71.

In related news, insider Tadeu Marroco sold 7,069 shares of the business’s stock in a transaction dated 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).

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

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