British American Tobacco PT Raised to $56.75

Source from:  Mideast Times  03/14/2013

Equities researchers at Investec upped their target price on shares of British American Tobacco (LON: BATS) from $50.03 (3350 GBX) to $56.75 (3800 GBX) in a report issued on Wednesday. The firm currently has a "buy" rating on the stock.

British American Tobacco traded down 3.38% on Wednesday, hitting GBX 3491.00. British American Tobacco has a 52-week low of GBX 2986.50 and a 52-week high of GBX 3631.0002. The stock's 50-day moving average is currently GBX 3227.. The company's market cap is £67.394 billion.
 
A number of other analysts have also recently weighed in on BATS. Analysts at Nomura raised their price target on shares of British American Tobacco from $59.51 to $61.04 in a research note to investors on Wednesday. They now have a "buy" rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of British American Tobacco from $49.28 to $55.26 in a research note to investors on Wednesday. They now have a "buy" rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of British American Tobacco from $53.76 to $59.74 in a research note to investors on Monday. They now have a "buy" rating on the stock.
 
British American Tobacco p.l.c. (British American Tobacco) is a holding company. The Company's four principal brands include Dunhill, Kent, Lucky Strike and Pall Mall. Enditem