London close: Trade jitters offset positive news on wage front
11th Sep 2018 08:42
(Sharecast News) - London stocks finished the Tuesday session slightly lower as UK jobs and wage data was overshadowed by news that China is set to ask the World Trade Organisation for permission to slap sanctions on the US.
Read moreTobacco companies' vaping fervour will dent profits, RBC warns
3rd Sep 2018 12:28
(Sharecast News) - Big tobacco companies' newfound enthusiasm for vaping threaten the groups' profits, said RBC Capital Markets, leading it to downgrade its rating on Imperial Brands and British American Tobacco.
Read moreFriday broker round-up
27th Jul 2018 13:14
(Sharecast News) - William Hill: Peel Hunt upgrades to hold with a target price of 305p.
Read moreBritish American Tobacco burned by currency swings
26th Jul 2018 07:13
(Sharecast News) - British American Tobacco reported a fall in pro forma revenue for the first half of the year due to currency swings and a fall in cigarette and tobacco heating product volumes, though underlying earnings remained solid and on track for the full year.
Read moreTuesday broker round-up
14th Feb 2017 09:07
(ShareCast News) - Antofagasta: Bank of America Merill Lynch upgrades to Buy with a target price of 1050p. Reckitt Benckiser: Berenberg reiterates Buy with a target price of 8500p. British American Tobacco: Citigroup reiterates Buy with a target price of 5600p. Glencore: Deutsche Bank reiterates H
Read moreFriday broker round-up
10th Feb 2017 10:35
(ShareCast News) - British American Tobacco: Berenberg upgrades to Buy with a target price of 5670p. Smith & Nephew: Jefferies reiterates Buy with a target price of 1350p. BT Group: UBS maintains Neutral with a target price of 325p. Ashmore Group: UBS maintains Buy with a target price of 390p. Da
Read moreBritish American Tobacco´s valuation "very attractive", Citi says
19th Jan 2017 19:05
(ShareCast News) - Analysts at Citi gave a strong endorsement of British American Tobacco, touting the company´s strong top line growth and the many benefits which wil accrue to shareholders as a result of its merger with Reynolds American. The firm was already generating some of the best organic re
Read moreSector movers: REITS, electricity stocks drop
19th Jan 2017 16:22
(ShareCast News) - Tobacco stocks rose to the top of the leaderboard after analysts at Citi sung the praises of British American. In a research note sent to clients, analysts Adam Spielman, Jemima Benstead and Ravi Sharma said the firm was producing "some of the best" organic sales growth in the Eur
Read moreWednesday broker round-up
18th Jan 2017 09:48
(ShareCast News) - Hochschild Mining: RBC Capital Markets reiterates Outperform with a target price of 290p. Pearson: Liberum reiterates Sell with a target price of 470p. IG Group: Barclays reiterates Overweight with a target price of 612p. British American Tobacco: Citi reiterates Buy with a targ
Read moreBAT inhaling all of Reynolds in $49.4bn deal
17th Jan 2017 07:07
(ShareCast News) - British American Tobacco took the plastic film off another industry consolidation effort on Tuesday, announcing it was buying the 57.8% of Reynolds American it doesn't already own in an agreed cash-and-shares offer worth $49.4bn. The FTSE 100 company said the deal has been unanimo
Read moreRBC upgrades British American Tobacco to 'sector perform'
6th Jan 2017 08:52
(ShareCast News) - RBC Capital Markets upgraded British American Tobacco to 'sector perform' from 'underperform' and lifted the price target to 4,400p from 4,300p. "With the dilutive effects of Rothmans' impressive growth and transactional headwinds both moderating we think our Underperform recommen
Read moreWednesday broker round-up
4th Jan 2017 14:30
(ShareCast News) - British American Tobacco: UBS reiterates hold with a target price of 5150p. Bovis: Jefferies reiterates hold, 886p target. Royal Dutch Shell: RBC upgrades to outperform with a 2500p target. Imperial Brands: Berenberg reiterates buy with a 4280p target. Barratt Developments: Deu
Read moreBAT preparing improved bid for Reynolds American
5th Dec 2016 15:21
(ShareCast News) - British American Tobacco was preparing to offer a higher price and possibly also a higher cash component for rival Reynolds American that same week, Bloomberg reported citing people familiar with the matter. BAT, who was aiming to close a transaction by the end of the year, was un
Read moreSunday newspaper round-up: OBR, Saudi Aramco, Tesco, BAT, bonds vigilantes
20th Nov 2016 15:57
(ShareCast News) - The Office for Budget Responsibility is likely to cut its forecast for UK growth next year by the biggest margin since the peak of the eurozone debt crisis. Philip Hammond's Autumn Statement this week will see the Chancellor set out his multi-billion pound infrastructure plans and
Read moreTuesday broker round-up
15th Nov 2016 12:30
(ShareCast News) - Dairy Crest: Jefferies downgrades to underperform with a target price of 500p. Royal Dutch Shell: HSBC reiterates buy with a 2360p target. Polymetal: Jefferies stays at underperform with a 700p target. Tesco: Credit Suisse reiterates underperform with a 130p target. Paddy Power
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