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

Key Points

• British American Tobacco p.l.c. (NYSE: BTI) has received a consensus recommendation of "Hold" from analysts, with 5 buy ratings and 2 sell ratings.
• The company's average 12-month price target is $51.00, while recent ratings have varied from $40.00 to $62.00 from different brokerages.
• British American Tobacco currently has a market cap of $112.54 billion and stock performance reveals a 1-year low of $34.17 and a high of $59.29.

Shares of British American Tobacco p.l.c. (NYSE:BTI - Get Free Report) have been assigned an average recommendation of "Hold" from the seven brokerages that are covering the company, MarketBeat Ratings 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 target among analysts that have updated their coverage on the stock in the last year is $51.00.

A number of equities analysts have commented on the stock. Argus upgraded shares of British American Tobacco from a "hold" rating to a "buy" rating and set a $62.00 price target on the stock in a research report on Monday, September 8th. Jefferies Financial Group began coverage on shares of British American Tobacco in a report on Wednesday, July 9th. They issued a "buy" rating for the company. Morgan Stanley reaffirmed an "underweight" rating and set a $40.00 price target on shares of British American Tobacco in a research note on Friday, August 15th. Barclays restated an "overweight" rating on shares of British American Tobacco in a report on Friday, June 13th. Finally, Wall Street Zen cut shares of British American Tobacco from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th.

Hedge Funds Weigh In On British American Tobacco

Several hedge funds have recently added to or reduced their stakes in BTI. Rosenberg Matthew Hamilton lifted its position in British American Tobacco by 87.0% during the 1st quarter. Rosenberg Matthew Hamilton now owns 602 shares of the company's stock worth $25,000 after acquiring an additional 280 shares in the last quarter. Golden State Wealth Management LLC increased its stake in British American Tobacco by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 610 shares of the company's stock worth $25,000 after acquiring an additional 305 shares during the period. Ameriflex Group Inc. bought a new stake in British American Tobacco in the 4th quarter valued at about $26,000. Financial Management Professionals Inc. lifted its stake in British American Tobacco by 78.5% in the first quarter. Financial Management Professionals Inc. now owns 632 shares of the company's stock valued at $26,000 after purchasing an additional 278 shares during the last quarter. Finally, Mather Group LLC. increased its stake in British American Tobacco by 292.7% in the first quarter. Mather Group LLC. now owns 644 shares of the company's stock valued at $27,000 after acquiring an additional 480 shares during the last quarter. 16.16% of the stock is currently owned by hedge funds and other institutional investors.

British American Tobacco Stock Performance

BTI traded down $0.77 on Monday, hitting $53.93. 3,637,419 shares of the company's stock were exchanged, compared to its average volume of 4,110,747. The stock has a fifty day moving average of $55.47 and a two-hundred day moving average of $48.13. The company has a current ratio of 0.87, a quick ratio of 0.55 and a debt-to-equity ratio of 0.68. The firm has a market cap of $110.96 billion, a PE ratio of 11.07, a P/E/G ratio of 3.76 and a beta of 0.40. British American Tobacco has a twelve month low of $34.17 and a twelve month high of $59.29.

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.