Fintel reports that on January 27, 2025, UBS upgraded their outlook for British American Tobacco p.l.c. - Depositary Receipt () (NYSE:BTI) from Neutral to Buy.
Analyst Price Forecast Suggests 11.95% Upside
As of December 23, 2024, the average one-year price target for British American Tobacco p.l.c. - Depositary Receipt () is $42.44/share. The forecasts range from a low of $34.33 to a high of $58.16. The average price target represents an increase of 11.95% from its latest reported closing price of $37.91 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for British American Tobacco p.l.c. - Depositary Receipt () is 31,773MM, an increase of 21.35%. The projected annual non-GAAP EPS is 4.87.
What is the Fund Sentiment?
There are 720 funds or institutions reporting positions in British American Tobacco p.l.c. - Depositary Receipt (). This is an increase of 45 owner(s) or 6.67% in the last quarter. Average portfolio weight of all funds dedicated to BTI is 0.31%, an increase of 2.21%. Total shares owned by institutions increased in the last three months by 16.45% to 242,907K shares.
The put/call ratio of BTI is 0.92, indicating a bullish outlook.
What are Other Shareholders Doing?
Capital International Investors holds 33,199K shares. In its prior filing, the firm reported owning 26,392K shares , representing an increase of 20.50%. The firm increased its portfolio allocation in BTI by 38.46% over the last quarter.
AWSHX - WASHINGTON MUTUAL INVESTORS FUND holds 20,575K shares. In its prior filing, the firm reported owning 13,107K shares , representing an increase of 36.30%. The firm increased its portfolio allocation in BTI by 51.64% over the last quarter.
AMRMX - AMERICAN MUTUAL FUND holds 16,125K shares. In its prior filing, the firm reported owning 17,985K shares , representing a decrease of 11.54%. The firm decreased its portfolio allocation in BTI by 13.77% over the last quarter.
Capital Research Global Investors holds 15,547K shares. In its prior filing, the firm reported owning 15,321K shares , representing an increase of 1.45%. The firm increased its portfolio allocation in BTI by 13.67% over the last quarter.
GQG Partners holds 13,705K shares. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
British American Tobacco Background Information
(This description is provided by the company.)
British American Tobacco plc is a British multinational company that manufactures and sells cigarettes, tobacco and other nicotine products. The company, established in 1902, is headquartered in London, England. As of 2019, it is the largest tobacco company in the world based on net sales.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.