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J.P. Morgan Keeps Their Hold Rating on British American Tobacco (BATS)

Tipranks - Thu Mar 19, 2:46AM CDT

In a report released today, Celine Pannuti CFA from J.P. Morgan maintained a Hold rating on British American Tobacco, with a price target of £41.50.

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According to TipRanks, Pannuti CFA is an analyst with an average return of -2.1% and a 41.78% success rate. Pannuti CFA covers the Consumer Defensive sector, focusing on stocks such as L’Oreal, DANONE SA, and Nestlé SA.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for British American Tobacco with a p4,515.00 average price target.

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

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