British American Tobacco plc (LON:BATS) Stock Rating Reaffirmed by Investec

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15 July, 2017

Oaktree Capital Management Lp sold 155,000 shares as Ally Financial Inc (ALLY)'s stock declined 19.04%. The stock rose 0.57% or $0.39 reaching $68.65 per share. About 41,276 shares traded. British American Tobacco PLC earned a daily sentiment score of 0.06 on Accern's scale. It has underperformed by 16.70% the S&P500. Berenberg Bank reissued a "buy" rating and set a GBX 5,670 ($73.45) price target on shares of British American Tobacco plc in a research report on Tuesday, May 23rd. Therefore 71% are positive.

Hays Advisory LLC raised its position in shares of British American Tobacco PLC (NYSE:BTI) by 5.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The stock has "Buy" rating by Bank of America on Tuesday, August 4. British American Tobacco plc now has a consensus rating of "Buy" and an average price target of GBX 5,591.25 ($72.43). The rating was downgraded by Societe Generale to "Hold" on Friday, July 29. The firm has "Overweight" rating given on Thursday, May 25 by Piper Jaffray. Finally, Exane BNP Paribas upgraded shares of British American Tobacco PLC to an "outperform" rating in a report on Thursday, April 6th. The company was upgraded on Friday, October 28 by Societe Generale. The rating was maintained by AlphaValue on Thursday, December 31 with "Add". Its up 1.24% from 52.84M shares previously. It also increased its holding in Microsoft Corp (NASDAQ:MSFT) by 10,913 shares in the quarter, for a total of 339,541 shares, and has risen its stake in Zoetis Inc (NYSE:ZTS).

Among 22 analysts covering Kaz Minerals PLC (LON:KAZ), 8 have Buy rating, 7 Sell and 7 Hold. Therefore 89% are positive. The firm has "Overweight" rating given on Friday, July 24 by JP Morgan. The stock of Sterling Bancorp (NYSE:STL) has "Outperform" rating given on Wednesday, March 8 by Hovde Group. The stock of Sterling Bancorp (NYSE:STL) earned "Buy" rating by Wood on Thursday, April 13. Keefe Bruyette & Woods has "Buy" rating and $2400 target. Barclays Capital maintained the shares of ALLY in report on Monday, November 2 with "Overweight" rating. The stock has "Buy" rating by RBC Capital Markets on Tuesday, May 30. The stock has "Buy" rating by Compass Point on Wednesday, February 3.

Analysts await Sterling Bancorp (NYSE:STL) to report earnings on July, 25. They expect $0.54 EPS, 0.00% or $0.00 from last year's $0.54 per share. After $0.31 actual EPS reported by Sterling Bancorp for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

More notable recent British American Tobacco PLC (ADR) (NYSEMKT:BTI) news were published by: Benzinga.com which released: "Is Reynolds Just Flirting With British American Tobacco?" Duff & Phelps Investment Management Co who had been investing in British Amer Tob Plc for a number of months, seems to be bullish on the $127.71B market cap company. The Company's tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. The firm has a market capitalization of $126.91 billion and a PE ratio of 21.05. The Company's divisions include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).


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