British American Tobacco (NYSE:BTI) was upgraded by equities researchers at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating in a report issued on Thursday, Marketbeat Ratings reports.
Several other research analysts also recently commented on BTI. Zacks Investment Research raised shares of British American Tobacco from a “sell” rating to a “hold” rating in a research note on Wednesday, October 24th. DZ Bank reaffirmed a “sell” rating on shares of British American Tobacco in a research note on Thursday, October 18th. Sanford C. Bernstein began coverage on shares of British American Tobacco in a research note on Tuesday, October 16th. They issued a “market perform” rating on the stock. Jefferies Financial Group downgraded shares of British American Tobacco to a “buy” rating in a research note on Friday, August 24th. Finally, UBS Group downgraded shares of British American Tobacco from a “hold” rating to a “sell” rating in a research note on Thursday, October 18th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $73.00.
Shares of NYSE BTI traded down $0.61 during mid-day trading on Thursday, hitting $34.87. The stock had a trading volume of 3,652,354 shares, compared to its average volume of 4,599,997. The company has a quick ratio of 0.41, a current ratio of 0.81 and a debt-to-equity ratio of 0.69. British American Tobacco has a 1 year low of $34.12 and a 1 year high of $71.44. The company has a market cap of $74.31 billion, a price-to-earnings ratio of 9.48 and a beta of 0.96.
British American Tobacco Company Profile
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.
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