What Will The Effects of a Goldman Downgrade Be For British Amrcn Tobacco (NYSEMKT:BTI) Shares?


British Amrcn Tobacco (NYSEMKT:BTI) Receives a Downgrade

Goldman cut shares of British Amrcn Tobacco (NYSEMKT:BTI) stock from a Neutral rating to a Sell rating in a very recent research note released on Thursday morning.

From a total of 2 analysts covering British Amrcn Tobacco (NYSEMKT:BTI) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. British Amrcn Tobacco was the topic of 2 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. Cowen & Co initiated shares on August 25 with “Market Perform” rating.

Approximately 53,982 shares of stock traded hands. British American Tobacco PLC (ADR) (NYSEMKT:BTI) has risen 2.79% since May 7, 2015 and is uptrending. It has outperformed by 4.73% the S&P500.

British American Tobacco PLC is a global tobacco firm with brands sold in more than 200 markets. The company has a market cap of $104.35 billion. The Company’s four principal brands include Dunhill, Kent Lucky Strike and Pall Mall. It has 17.16 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.

According to Zacks Investment Research, “British American Tobacco is the holding company of a group of companies which manufacture, market and sell tobacco products.” Get a free copy of the Zacks research report on British American Tobacco PLC (ADR) (BTI).