RBC slashes target for British American Tobacco on outlook for menthol/NGPs

29th Nov 2018 08:16

(Sharecast News) - Analysts at RBC slashed their target price for shares of British American Tobacco from 3,400p to 2,700p, saying that the uncertainty around the outlook for its menthol cigarettes unit was casting a pall over the investment case for the company's shares.

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British American Tobacco optimistic about earnings growth

16th Oct 2018 07:14

(Sharecast News) - British American Tobacco said it expected to grow constant-currency earnings in double figures for the full year, helped by market share gains and a stronger tobacco pricing mix.

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Sector movers: Copper lifts miners, big tobacco hit by FDA letter

12th Oct 2018 17:50

(Sharecast News) - Miners led London stocks higher on Friday while tobacco stocks fell as investor remained sensitive to news.

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Tobacco stocks get burnt as FDA sends letters

12th Oct 2018 09:31

(Sharecast News) - Shares in London's tobacco giants Imperial Brands and British American Tobacco were sent lower on Friday by worries about tougher regulations.

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BAT director quits after losing out on CEO job

10th Oct 2018 07:23

(Sharecast News) - British American Tobacco's chief marketing officer Andrew Gray has quit the cigarette maker after a 32-year career, just two weeks after he was overlooked for the top job.

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British American Tobacco appoints Jack Bowles as CEO

25th Sep 2018 08:12

(Sharecast News) - British American Tobacco has promoted Jack Bowles, currently chief operating officer of its international business, to the role of chief executive, succeeding Nicandro Durante.

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Thursday broker round-up

20th Sep 2018 13:16

(Sharecast News) - AVEVA Group: Barclays upgrades to overweight with a target price of 3,150p.

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BAT boss Nicandro Durante to retire in April 2019

20th Sep 2018 07:04

(Sharecast News) - British American Tobacco's chief executive Nicandro Durante will retire next April after eight years in charge in which he turned BAT into the world's biggest listed cigarette company.

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Sector movers: Tobacco and tech fizzle, miners and insurers rise

18th Sep 2018 14:09

(Sharecast News) - Tobacco and tech stocks led on the downside on Tuesday, while the mining and non-life insurance sectors were the big risers.

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Tuesday broker round-up

18th Sep 2018 12:51

(Sharecast News) - Petra Diamonds: Citigroup upgrades to buy with a target price of 70p.

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Thursday broker round-up

13th Sep 2018 13:19

(Sharecast News) - Grainger: Numis upgrades to buy with a target price of 369p.

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Analysts see positives for tobacco in US e-cigs crackdown

13th Sep 2018 08:40

(Sharecast News) - US regulators' warning to electronic cigarette companies about combatting the rising use among youth held "positives" for big cigarette companies such as British American Tobacco and Imperial Brands, said analysts at UBS, Jefferies and Liberum on Thursday.

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FDA threatens crackdown to tackle 'epidemic' of youth vaping

12th Sep 2018 15:39

(Sharecast News) - The American food and drug administration threatened to move against e-cigarettes as youth vaping levels reach "epidemic proportion" on Wednesday.

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Wednesday broker round-up

12th Sep 2018 13:42

(Sharecast News) - Goals Soccer Centres: Peel Hunt upgrades to buy with a target price of 100p.

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Sector movers: Tobacco companies feel the heat

11th Sep 2018 12:51

(Sharecast News) - Tobacco companies were both down around 3%, extending recent falls amid concerns around emerging markets.

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