Jefferies Keeps Its “Buy” Rating on British American Tobacco (LON:BATS) Shares Today

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British American Tobacco (LON:BATS) Rating Reaffirmed

In an interesting research report revealed to clients on 14 December, Jefferies reiterated their “Buy” rating on British American Tobacco (LON:BATS) shares.

From a total of 20 analysts covering British American Tobacco PLC (LON:BATS) stock, 13 rate it a ”Buy”, 2 a “Sell”, and 7 a ”Hold”. This means that 59% of the ratings are positive. The highest target price is GBX 4410 while the lowest target price is GBX 3020. The mean of all analyst targets is GBX 3929.25 with a 9.62% above today’s (GBX 3592.28) stock price. British American Tobacco PLC was the topic of 77 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on December 14 with “Buy” rating. BNP Paribas maintained shares with “Neutral” rating and GBX 3900 target share price in a report from a November 24. Barclays Capital maintained BATS stock in a recent report from December 8 with “Overweight” rating. Credit Suisse maintained the rating on November 24. Credit Suisse has a “Outperform” rating and a GBX 4100 price target on shares. Finally, Nomura maintained the stock with “Buy” rating in a report issued on a November 27.

The stock decreased 0.19% or GBX 6.72 on December 14, striking GBX 3592.28. Approximately 2.87 million shares of stock traded hands or 36.67% up from the average. British American Tobacco plc (LON:BATS) has risen 0.19% since May 15, 2015 and is uptrending. It has outperformed by 4.61% the S&P500.

Jefferies Keeps Its

British American Tobacco PLC is a global tobacco firm with brands sold in more than 200 markets. The company has a market cap of 66.97 billion GBP. The Company’s four principal brands include Dunhill, Kent Lucky Strike and Pall Mall. It has 16.67 P/E ratio. The Firm has many other international and local brands, including State Express 555, Vogue, Viceroy, Kool, Peter Stuyvesant, Shuang Xi, Craven A, Benson & Hedges and John Player Gold Leaf.

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