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British American Tobacco probed over East Africa bribe allegations

01 August 2017

05/25/2017 - Piper Jaffray began new coverage on British American Tobacco p.l.c. giving the company a "overweight" rating.

A number of other equities research analysts have also weighed in on the company.

It's been almost two years since bribery allegations first surfaced against British American Tobacco and its subsidiaries. United States Steel & Carnegie Pension Fund now owns 636,400 shares of the company's stock valued at $42,206,000 after buying an additional 485,100 shares in the last quarter. Now the P/E of British American Tobacco p.l.c. (BTI) stands at 21.06.

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06/22/2015 - Barclays began new coverage on British American Tobacco p.l.c. giving the company a "overweight" rating. Insiders acquired 84,029 shares of company stock worth $446,734,832 over the last three months. Institutional investors and hedge funds own 5.55% of the company's stock.

About 3.44 million shares traded or 25.09% up from the average. British American Tobacco p.l.c. The firm has a 50-day moving average price of GBX 5,325.92 and a 200 day moving average price of GBX 5,225.62.

British American Tobacco p.l.c. (BTI) has a market capitalization of 116.4 Billion which suggests the company is a huge company further suggesting that the shares of British American Tobacco p.l.c. (BTI) are stable and safe compared to the lower market capitalization companies.

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The firm also recently announced a None dividend, which will be paid on Tuesday, October 3rd. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a yield of 1.06%.

WARNING: "British American Tobacco plc (BATS) Given a GBX 5,670 Price Target at UBS AG" was originally posted by Stock Observer and is the sole property of of Stock Observer. If you are viewing this article on another publication, it was copied illegally and republished in violation of USA and global copyright and trademark legislation. The legal version of this news story can be accessed at https://www.themarketsdaily.com/2017/08/01/british-american-tobacco-plc-lonbats-stock-rating-reaffirmed-by-investec-updated-updated.html. Stockholders of record on Friday, August 18th will be paid a dividend of $0.728 per share.

British American Tobacco p.l.c. was upgraded to "buy" by analysts at SBG Securities. Berenberg downgraded it to "Hold" rating and GBX 4840 target in Thursday, July 7 report. Exane BNP Paribas upgraded shares of British American Tobacco p.l.c.to an "outperform" rating in a report on Thursday, April 6th. British American Tobacco p.l.c. has a consensus rating of "Buy" and a consensus price target of $71.00.

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11/02/2016 - British American Tobacco p.l.c. was upgraded to "overweight" by analysts at Morgan Stanley.

British American Tobacco probed over East Africa bribe allegations