BAT to invest £126m in Organigram as it expands 'beyond nicotine'
11th Mar 2021 12:00
(Sharecast News) - British American Tobacco said on Thursday that it will invest around £126m for a 19.9% stake in Canada's Organigram, a company focused on research and product development activities of next generation adult cannabis products, as it looks to expand its portfolio "beyond nicotine".
Read moreWednesday preview: US data, British American Tobacco in focus
16th Feb 2021 15:48
(Sharecast News) - Financial markets' attention on Wednesday will be squarely on a raft of tier one economic reports due out in the US which will help them to take stock of how that economy is faring.
Read moreTuesday broker round-up
15th Dec 2020 13:40
(Sharecast News) - Calisen: Credit Suisse downgrades to neutral with a target price of 261p.
Read moreBritish American Tobacco says Covid hit less pronounced than expected
9th Dec 2020 08:02
(Sharecast News) - British American Tobacco backed its guidance for 2020 on Wednesday but said constant currency adjusted revenue growth was set to be at the high end of the range after the Covid-19 pandemic dented revenue by less than previously anticipated.
Read moreWednesday preview: Brexit and British American Tobacco in the spotlight
8th Dec 2020 22:37
(Sharecast News) - Brexit talks with the European Union will continue to be the main focus for financial markets in the middle of the week.
Read moreThursday broker round-up
3rd Dec 2020 13:23
(Sharecast News) - Kenmare Resources: Berenberg reiterates buy with a target price of 390p.
Read moreSector movers: Aerospace finds a bid, analysts dividend on budget airlines and Rolls Royce
10th Nov 2020 18:39
(Sharecast News) - Aerospace and Defence names were again higher, although analysts' opinions were a little divided when it came to the likes of engineer Rolls Royce or budget airlines.
Read moreBAT buys Dryft Sciences' nicotine pouch business
3rd Nov 2020 07:53
(Sharecast News) - British American Tobacco has bought the nicotine pouch business of US-based Dryft Sciences for an undisclosed sum.
Read moreBritish American Tobacco names Luc Jobin as next chairman
15th Oct 2020 08:17
(Sharecast News) - British American Tobacco has nominated Luc Jobin to take over as chairman following the intended departure of Richard Burrows in April 2021.
Read moreTuesday broker round-up
22nd Sep 2020 13:28
(Sharecast News) - Imperial Brands: RBC Capital Markets upgrades to outperform with a target price of 1,900.0p.
Read moreRBC Capital Markets upgrades Imperial Brands, British American Tobacco
22nd Sep 2020 09:51
(Sharecast News) - RBC Capital Markets upgraded Imperial Brands and British American Tobacco on Tuesday, arguing that they should prioritise share buybacks.
Read moreMorgan 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.
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