British American Tobacco p.l.c. (NYSE:BTI) Receives $51.00 Average Price Target from Analysts

Shares of British American Tobacco p.l.c. (NYSE:BTI) have earned a consensus recommendation of “Hold” from the seven brokerages that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating and five have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $51.00.

A number of analysts have issued reports on the stock. Wall Street Zen downgraded shares of British American Tobacco from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. Barclays reissued an “overweight” rating on shares of British American Tobacco in a report on Friday, June 13th. Jefferies Financial Group assumed coverage on shares of British American Tobacco in a report on Wednesday, July 9th. They issued a “buy” rating for the company. Morgan Stanley reissued an “underweight” rating and issued a $40.00 price objective on shares of British American Tobacco in a report on Friday, August 15th. Finally, Royal Bank Of Canada downgraded shares of British American Tobacco from a “sector perform” rating to an “underperform” rating in a report on Tuesday, September 2nd.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Western Wealth Management LLC raised its position in British American Tobacco by 2.5% during the second quarter. Western Wealth Management LLC now owns 8,656 shares of the company’s stock valued at $410,000 after purchasing an additional 208 shares in the last quarter. TD Waterhouse Canada Inc. raised its position in British American Tobacco by 1.2% during the second quarter. TD Waterhouse Canada Inc. now owns 19,598 shares of the company’s stock valued at $915,000 after purchasing an additional 223 shares in the last quarter. Mission Wealth Management LP raised its position in British American Tobacco by 2.1% during the second quarter. Mission Wealth Management LP now owns 10,839 shares of the company’s stock valued at $513,000 after purchasing an additional 226 shares in the last quarter. Park Avenue Securities LLC raised its position in British American Tobacco by 0.7% during the first quarter. Park Avenue Securities LLC now owns 33,866 shares of the company’s stock valued at $1,401,000 after purchasing an additional 244 shares in the last quarter. Finally, Michels Family Financial LLC raised its position in British American Tobacco by 1.3% during the second quarter. Michels Family Financial LLC now owns 18,983 shares of the company’s stock valued at $898,000 after purchasing an additional 249 shares in the last quarter. 16.16% of the stock is currently owned by institutional investors and hedge funds.

British American Tobacco Stock Down 1.5%

British American Tobacco stock opened at $52.37 on Monday. The stock has a market cap of $107.74 billion, a P/E ratio of 10.75, a P/E/G ratio of 3.65 and a beta of 0.40. The company has a quick ratio of 0.55, a current ratio of 0.87 and a debt-to-equity ratio of 0.68. British American Tobacco has a twelve month low of $34.17 and a twelve month high of $59.29. The company’s 50-day moving average price is $55.50 and its two-hundred day moving average price is $48.20.

British American Tobacco Company Profile

British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It also offers vapour, heated, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company offers its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Camel, Natural American Spirit, Newport, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi brands.