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Jefferies Remains a Buy on British American Tobacco (BATS)

Tipranks - Tipranks - Thu Apr 16, 8:38AM CDT

Jefferies analyst Andrei Andon Ionita maintained a Buy rating on British American Tobacco today and set a price target of £52.00.

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According to TipRanks, Andon Ionita is ranked #9553 out of 12125 analysts.

British American Tobacco has an analyst consensus of Moderate Buy, with a price target consensus of p4,535.00.

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Based on British American Tobacco’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p13.54 billion and a net profit of p3.25 billion. In comparison, last year the company earned a revenue of p13.53 billion and had a GAAP net loss of p1.45 billion

Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BATS in relation to earlier this year.

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