British American Tobacco PLC (LON:BATS) had its stock rating reiterated as ‘Overweight’ in a report released by analysts at JP Morgan Cazenove.
JP Morgan Cazenove today set a target price of 5420 on the company’s stock. According to the analyst this now indicates there is a potential increase of 14% from British American Tobacco PLC’s current price of 4754.5.
Over the last twelve months British American Tobacco PLC’s stock price has increased by 28.89% from 3688.68 to 4754.5.
There are currently 1,858,000,000 shares in issue with a current share value of 4754.5 giving British American Tobacco PLC a market capitalisation of 88.34B GBp .
British American Tobacco PLC (LON:BATS) has a 50 day moving average of 4828.46 and a 200 day moving average of 4556.31. The 52 week high for the share price is 5135 while the 52 week low for the stock is 3536.
British American Tobacco p.l.c. is a tobacco company. The Company is engaged in manufacturing and marketing cigarettes and other tobacco products. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA). The Company’s brands include Dunhill, Kent, Lucky Strike, Pall Mall and Rothmans. Its portfolio also includes other international brands, such as Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555 and Shuang Xi. Its tobacco product range consists of Fine Cut (roll-your-own and make-your-own tobacco), Swedish-style snus and cigars. The Company also offers vapor products (e-cigarettes), battery-powered electronic devices, tobacco heating products, licensed medicinal products and licensed nicotine products. The Company has approximately 44 factories in over 41 countries.