The stock of British American Tobacco plc (LON:BATS) hit a new 52-week high and has $4731.06 target or 7.00% above today’s $4421.55 share price. The 6 months bullish chart indicates low risk for the $82.43B company. The 1-year high was reported on Dec, 13 by Barchart.com. If the $4731.06 price target is reached, the company will be worth $5.77 billion more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 1.27% or GBX 55.55 on December 13, hitting GBX 4421.55. About 3.51M shares traded hands. British American Tobacco plc (LON:BATS) has risen 5.14% since May 16, 2016 and is uptrending. It has underperformed by 3.14% the S&P500.
Analysts await British American Tobacco plc (LON:BATS) to report earnings on February, 2. BATS’s profit will be $6.15 million for 3349.66 P/E if the $0.33 EPS becomes a reality. After $0.36 actual EPS reported by British American Tobacco plc for the previous quarter, Wall Street now forecasts -8.33% negative EPS growth.
British American Tobacco plc (LON:BATS) Ratings Coverage
Out of 21 analysts covering British American Tobacco PLC (LON:BATS), 12 rate it a “Buy”, 3 “Sell”, while 6 “Hold”. This means 57% are positive. British American Tobacco PLC has been the topic of 184 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The rating was maintained by BNP Paribas with “Neutral” on Friday, July 8. Barclays Capital maintained the shares of BATS in a report on Tuesday, December 8 with “Overweight” rating. The rating was maintained by RBC Capital Markets on Friday, October 23 with “Underperform”. The stock of British American Tobacco plc (LON:BATS) earned “Buy” rating by Nomura on Wednesday, October 7. As per Friday, September 18, the company rating was maintained by RBC Capital Markets. Charles Stanley maintained the shares of BATS in a report on Wednesday, July 29 with “Accumulate” rating. Panmure Gordon maintained it with “Buy” rating and GBX 4070 target price in Friday, September 11 report. On Thursday, December 24 the stock rating was maintained by AlphaValue with “Add”. As per Thursday, October 8, the company rating was maintained by RBC Capital Markets. The company was maintained on Friday, November 11 by Credit Suisse.
Analysts await British American Tobacco plc (LON:BATS) to report earnings on February, 2. BATS’s profit will be $6.15 million for 3349.66 P/E if the $0.33 EPS becomes a reality. After $0.36 actual EPS reported by British American Tobacco plc for the previous quarter, Wall Street now forecasts -8.33% negative EPS growth.
British American Tobacco plc (LON:BATS) Ratings Coverage
Out of 21 analysts covering British American Tobacco PLC (LON:BATS), 12 rate it a “Buy”, 3 “Sell”, while 6 “Hold”. This means 57% are positive. British American Tobacco PLC has been the topic of 184 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The rating was maintained by BNP Paribas with “Neutral” on Friday, July 8. Barclays Capital maintained the shares of BATS in a report on Tuesday, December 8 with “Overweight” rating. The rating was maintained by RBC Capital Markets on Friday, October 23 with “Underperform”. The stock of British American Tobacco plc (LON:BATS) earned “Buy” rating by Nomura on Wednesday, October 7. As per Friday, September 18, the company rating was maintained by RBC Capital Markets. Charles Stanley maintained the shares of BATS in a report on Wednesday, July 29 with “Accumulate” rating. Panmure Gordon maintained it with “Buy” rating and GBX 4070 target price in Friday, September 11 report. On Thursday, December 24 the stock rating was maintained by AlphaValue with “Add”. As per Thursday, October 8, the company rating was maintained by RBC Capital Markets. The company was maintained on Friday, November 11 by Credit Suisse.
on Wed, 12/14/2016 - 02:38 admin
