Goldman Sachs announced British American Tobacco PLC (OTC:BATS), raising its target price to $29.00 earlier today
- Updated: September 28, 2016
Yesterday British American Tobacco PLC (OTC:BATS) traded 0.03% higher at $30.29. The company’s 50-day moving average is $25.07 and its 200-day moving average is $25.36. The last closing price is up 19.46% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 2,080,697 shares of the stock traded hands, up from an avg. volume of 202,671
Stating a potential downside of -0.04%, Goldman Sachs increased the stock price target of British American Tobacco PLC (OTC:BATS) to $29.00
With a total market value of $0, British American Tobacco PLC has with a one year low of $19.00 and a 52 week high of $30.78 .
In addition to Goldman Sachs reporting its target price, a total of 10 firms have reported on the stock. The consensus target price is $27.25 with zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On British American Tobacco PLC (OTC:BATS)
BATS Global Markets, Inc. (BATS) is an operator of exchanges and provider of services for financial markets. The Company facilitates securities trading and exchange traded products (ETP) listings for the United States and European equity securities and operates a United States options exchange. BATS serves the foreign exchange (FX) market, operating Hotspot, an institutional spot foreign exchange market. It allows broker-dealers, and institutional and retail investors to execute their trades achieve their business and investing objectives. BATS operates four United States equities exchanges: BATS BZX Exchange, BYX Exchange, EDGA Exchange and EDGX Exchange. Through its equities exchanges, BATS offers various pools of liquidity, providing customer's choice when executing their trading strategies. BATS offers customers a suite of risk management tools. It offers trading services, listing services, market data products, the United States access services and European trade reporting.
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