Analysts Reaffirm Neutral Rating for BAT Stock

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Dec.18.2023

Analysts Reaffirm Neutral Rating for BAT Stock

JPMorgan Chase & Co. reaffirms neutral rating on British American Tobacco stock, with a target price of £27.

According to a report from MarketBeat, JPMorgan Chase & Co., the multinational investment bank, has reiterated its neutral rating for British American Tobacco stock. They have set a target price of £27 (approximately $33.89) for the stock.

Other research analysts have also recently issued research reports on the company. Royal Bank of Canada has reconfirmed its industry performance rating for British American Tobacco stocks and set a price target of £35 (approximately $43.94) in its research report on November 24th.

Jefferies Financial Group has once again issued a buy rating and set a price target of £41 (approximately $51.47) in their research report on November 15th.

References:

[1] JPMorgan Chase & Co. Reiterates Neutral Rating for British American Tobacco (LON:BATS)

Also Read:

[1] BAT Considers Reducing Stake in Indian Company ITC

[2] JPMorgan lowers stock price target for British American Tobacco.

[3] Mysterious Billionaire Kenneth Dart Increases Stake in BAT

#Europe #Traditional tobacco #United Kingdom #British American Tobacco (BAT)

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