BRITISH AMERICAN TOBACCO PLC ADS Common Stock (BATS) Receives Buy Rating from JPMorgan Chase & Co.

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JPMorgan Chase & Co. restated their buy rating on shares of BRITISH AMERICAN TOBACCO PLC ADS Common Stock (LON:BATS) in a research note published on Tuesday.

BATS has been the subject of a number of other reports. Deutsche Bank restated a buy rating on shares of BRITISH AMERICAN TOBACCO PLC ADS Common Stock in a research report on Friday, July 27th. Credit Suisse Group set a GBX 5,200 ($67.08) price objective on shares of BRITISH AMERICAN TOBACCO PLC ADS Common Stock and gave the stock a buy rating in a research report on Wednesday, May 16th. Liberum Capital restated a buy rating on shares of BRITISH AMERICAN TOBACCO PLC ADS Common Stock in a research report on Friday, July 20th. Citigroup restated a neutral rating on shares of BRITISH AMERICAN TOBACCO PLC ADS Common Stock in a research report on Monday, July 30th. Finally, Societe Generale set a GBX 4,500 ($58.05) price objective on shares of BRITISH AMERICAN TOBACCO PLC ADS Common Stock and gave the stock a buy rating in a research report on Friday, June 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the stock. BRITISH AMERICAN TOBACCO PLC ADS Common Stock presently has an average rating of Buy and an average price target of GBX 5,200 ($67.08).

LON:BATS opened at GBX 3,663.50 ($47.26) on Tuesday. BRITISH AMERICAN TOBACCO PLC ADS Common Stock has a fifty-two week low of GBX 4,064 ($52.43) and a fifty-two week high of GBX 5,643.60 ($72.80).

The firm also recently announced a dividend, which will be paid on Thursday, November 15th. Stockholders of record on Thursday, October 4th will be issued a dividend of GBX 48.80 ($0.63) per share. This represents a dividend yield of 1.17%. The ex-dividend date of this dividend is Thursday, October 4th.

In related news, insider Kingsley Wheaton sold 1,645 shares of the company’s stock in a transaction dated Thursday, August 9th. The shares were sold at an average price of GBX 4,191 ($54.06), for a total value of £68,941.95 ($88,934.40). Also, insider Alan Davy acquired 39 shares of the company’s stock in a transaction that occurred on Monday, July 9th. The stock was purchased at an average cost of GBX 3,931 ($50.71) per share, with a total value of £1,533.09 ($1,977.67). Insiders have bought 45 shares of company stock valued at $177,525 in the last ninety days.

About BRITISH AMERICAN TOBACCO PLC ADS Common Stock

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 and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.

Further Reading: Leveraged Buyout (LBO) Explained

Analyst Recommendations for BRITISH AMERICAN TOBACCO PLC ADS Common Stock (LON:BATS)

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