UBS Maintains Neutral Rating for British American Tobacco with 3000 Pence Target

UBS has given British American Tobacco (BAT) a "Neutral" rating and a target price of 3000 pence after the release of an interim report. Analyst Faham Baig expects the company's outlook to improve in the next year, although his projections for operating earnings (EBIT) growth in 2025 are lower than the consensus among analysts.

BAT shares were priced at €36.14 in the latest trading session, representing a 0.89% increase from the previous day. The stock has experienced fluctuations, reaching a high of €36.41 and a low of €26.35 in the past year. BAT shares are actively traded on platforms such as Tradegate and Nasdaq OTC.

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