Morgan Stanley says British American Tobacco's ability to grow is underappreciated
2nd Sep 2020 13:48
(Sharecast News) - Morgan Stanley reiterated its 'overweight' stance on shares of British American Tobacco, telling clients that the company's ability to offset the ongoing decline in the ranks of smokers and a potential ban in the US on flavours was going underappreciated.
Read moreBAT replaces Oberlander as boss of Reynolds American
5th Aug 2020 07:53
(Sharecast News) - British American Tobacco said Ricardo Oberlander would step down as the boss of its Reynolds US business and would be replaced by fellow BAT veteran Guy Meldrum.
Read moreBAT reports higher profits on demand for high-priced cigarettes, vapes
31st Jul 2020 07:28
(Sharecast News) - British American Tobacco on Friday reported better-than-expected profits, driven by sales of more high-priced cigarettes and strong demand for it vaping products in the US.
Read moreFriday broker round-up
24th Jul 2020 13:59
(Sharecast News) - Unilever: Barclays upgrades to overweight with a target price of 5,470.0p.
Read morePhilip Morris sees earnings slide, beats forecasts
21st Jul 2020 12:23
(Sharecast News) - Shares in Philip Morris International sparked in pre-market trading on Tuesday, after its second-quarter numbers beat expectations and the US tobacco giant reinstated full-year forecasts.
Read moreMonday broker round-up
20th Jul 2020 13:32
(Sharecast News) - British American Tobacco: Jefferies downgrades to hold with a target price of 3,000.0p.
Read moreTuesday broker round-up
7th Jul 2020 14:00
(Sharecast News) - Unite Group: Peel Hunt upgrades to add with a target price of 1,000.0p.
Read moreMonday broker round-up
29th Jun 2020 13:45
(Sharecast News) - Balfour Beatty: Jefferies downgrades to hold with a target price of 260.0p.
Read moreWednesday broker round-up
10th Jun 2020 13:44
(Sharecast News) - UDG Healthcare: RBC Capital Markets downgrades to sector performer with a target price of 800p.
Read moreBAT warns of Covid-19 sales hit but commits to dividend payout
8th Jun 2020 08:02
(Sharecast News) - British American Tobacco lowered full year guidance as coronavirus travel bans and lockdowns in South Africa, Mexico and Argentina hammered sales.
Read moreThursday broker round-up
4th Jun 2020 14:03
(Sharecast News) - IWG: RBC Capital Markets downgrades to sector performer with a target price of 325p.
Read moreBAT sticks to dividend policy and earnings target
30th Apr 2020 08:47
(Sharecast News) - British American Tobacco said it was sticking to its dividend policy as the cigarette and vaping company predicted solid earnings growth for 2020.
Read morePhilip Morris withdraws FY guidance despite Q1 earnings beat
21st Apr 2020 12:38
(Sharecast News) - Tobacco giant Philip Morris saw first-quarter profits and sales come in higher year-on-year, but withdrew its 2020 full-year guidance on Tuesday all the same as a result of the Covid-19 pandemic.
Read moreAlmost a third of FTSE 100 cut or scrap dividends
15th Apr 2020 12:01
(Sharecast News) - Almost one-third of FTSE 100 companies have cut or scrapped their dividends during the coronavirus crisis, leaving investors relying on 10 companies for two-thirds of the index's likely payouts in 2020, research shows.
Read moreBAT shares fall after US sanctions probe report
14th Apr 2020 10:36
(Sharecast News) - British American Tobacco shares fell after the company was reported to be the subject of a US criminal investigation into suspected sanctions breaches.
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