On Wednesday JP Morgan reiterated its broker consensus on shares of British American Tobacco PLC (LON:BATS) giving the company a ‘Overweight’ rating.
JP Morgan gave shares of British American Tobacco PLC a price target of 5420 indicating a potential increase of 14% from British American Tobacco PLC’s current price of 4754.5.
In the prior 12 months British American Tobacco PLC’s stock price has increased by 28.89% from 3688.68 to 4754.5.
British American Tobacco PLC has 1,858,000,000 shares in issue which have a share price of 4754.5 giving British American Tobacco PLC a market capitalisation of 88.34B GBp .
The 52 week high of British American Tobacco PLC’s shares is 5135 whilst the 52 week low for the company’s shares is 3536. The 50 day moving average of LON:BATS is 4828.46 and the 200 day moving average is 4556.31.
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.