British American Tobacco p.l.c. (BTI) Receives Price Target

British American Tobacco p.l.c. (BTI) : 2 investment research analysts covering British American Tobacco p.l.c. (BTI) have an average price target of $136.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $139 and the lowest target is $134 for the short term. Analysts expect the variance to be within $3.54 of the average price.

British American Tobacco p.l.c. (BTI) : 3 brokerage houses believe that British American Tobacco p.l.c. (BTI) is a Strong Buy at current levels. Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 3 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.


Also, In the latest statement by the brokerage house, Societe Generale downgrades its outlook on British American Tobacco p.l.c. (NYSEMKT:BTI). The current rating of the shares is Hold, according to the research report released by the firm. Previously, the company had a rating of Buy. The rating by the firm was issued on July 29, 2016.

British American Tobacco p.l.c. (NYSEMKT:BTI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $124.26 and $123.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $125.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $125.31, notching a gain of 0.90% for the day. The total traded volume was 132,998 . The stock had closed at $124.19 on the previous day.

British American Tobacco PLC is a global tobacco company with brands sold in more than 200 markets. The Companys four principal brands include Dunhill, Kent Lucky Strike and Pall Mall. The Company 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. The Companys products include cigarettes, Fine Cut (roll-your-own and makeyour-own tobacco) and cigars. As of December 31, 2014, the Company has 44 cigarette factories in 41 countries. The Company is also investing in building a portfolio of new tobacco and nicotine-based products alongside its traditional tobacco business. The Companys products include e-cigarettes, medicinal nicotine products and tobacco heating products.

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