BRITISH AMERICAN TOBACCO PLC ADS Common Stock with ticker (LON:BATS) now has a potential upside of 38.0% according to Jefferies.
Jefferies set a target price of 3,300 GBX for the company, which when compared to the BRITISH AMERICAN TOBACCO PLC ADS Common Stock share price of 2,391 GBX at opening today (03/05/2024) indicates a potential upside of 38.0%. Trading has ranged between 2,233 (52 week low) and 2,904 (52 week high) with an average of 4,613,944 shares exchanging hands daily. The market capitalisation at the time of writing is £52,867,030,160.
British American Tobacco p.l.c is a consumer-centric, multi-category consumer goods company that provides tobacco and nicotine products. Its segments include the United States, Asia Pacific Middle East and Africa, Americas and Europe. The Company’s product categories include Vapor, Tobacco Heating Products (THPs), Modern Oral, Traditional Oral and Combustible cigarettes. Vapor products are handheld, battery-powered devices that heat a liquid (called an e-liquid) to produce an inhalable aerosol, known as vapor. THPs are a new category of tobacco product designed to heat rather than burn tobacco. Modern Oral products are smoke-free oral nicotine products called nicotine pouches, designed for use in the mouth. Traditional oral products include snus and snuff. Its brands include Vuse, glo, Velo, Grizzly, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Natural American Spirit, Camel, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi.
BRITISH AMERICAN TOBACCO PLC ADS Common Stock 38.0% potential upside indicated by Jefferies
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- Written by: Charlotte Edwards
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British American Tobacco plc (LON:BATS) has shared its latest trading statement, highlighting progress towards FY24 guidance and strategic investments for sustainable growth. CEO Tadeu Marroco details the company's performance and outlook for the future. #BAT #tradingstatement