British American Tobacco Given Hold Rating at Renaissance Capital

Source from:  People's Post  04/02/2013

Renaissance Capital reiterated their hold rating on shares of British American Tobacco (LON: BATS) in a research note issued to investors on Thursday. The firm currently has a $55.60 (3659 GBX) target price on the stock.

British American Tobacco (LON: BATS) traded up 0.38% on Thursday, hitting GBX 3527.00. British American Tobacco has a 1-year low of GBX 2755.00 and a 1-year high of GBX 3514.00. The stock's 50-day moving average is currently GBX 3227.. The company's market cap is £67.965 billion.
 
Other equities research analysts have also recently issued reports about the stock. Analysts at Berenberg Bank reiterated a buy rating on shares of British American Tobacco in a research note to investors on Friday, March 22nd. They now have a $52.87 price target on the stock. Separately, analysts at Bank of America reiterated a neutral rating on shares of British American Tobacco in a research note to investors on Thursday, March 21st. They now have a $54.38 price target on the stock. Finally, analysts at Nomura raised their price target on shares of British American Tobacco from $60.20 to $61.74 in a research note to investors on Friday, March 15th. They now have a buy rating on the stock.
 
Six investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The stock has an average rating of Buy and a consensus price target of $57.12 (3760 GBX).
 
British American Tobacco p.l.c. (LON: BATS) is a holding company. The Company's four principal brands include Dunhill, Kent, Lucky Strike and Pall Mall. Enditem