British American Tobacco (BATS) Gets a Hold from Goldman Sachs

In a report released today, Richard Felton from Goldman Sachs maintained a Hold rating on British American Tobacco, with a price target of £45.50.

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According to TipRanks, Felton is a 3-star analyst with an average return of 4.8% and a 55.08% success rate. Felton covers the Healthcare sector, focusing on stocks such as GN Store Nord, Demant, and EssilorLuxottica SA.

In addition to Goldman Sachs, British American Tobacco also received a Hold from TipRanks – xAI’s xAi Consumer Defensive GB in a report issued on February 18. However, on February 19, Barclays maintained a Buy rating on British American Tobacco (LSE: BATS).

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 99 insiders, corporate insider sentiment is neutral on the stock.