British American Tobacco Indus with ticker code (BTI) have now 2 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price High/Low ranges between 57.34 and 49.3 suggesting an average Analsyt target price of $53.32. Given that the stocks previous close was at $36.13 this now indicates there is a potential upside of 47.6%. The 50 day MA is $36.63 and the 200 day MA is $38.75. The company has a market cap of $81,075m. Company Website: https://www.bat.com
The potential market cap would be $119,649m based on the market consensus.
British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It offers vapour, tobacco heating, 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. It distributes its products to retail outlets. The company was founded in 1902 and is headquartered in London, the United Kingdom.
The company has a dividend yield of 7.73% with the ex dividend date set at 13-7-2023 (DMY).
Other points of data to note are a P/E ratio of 9.99, revenue per share of 12.26 and a 5.01% return on assets.
