Deutsche Bank Sticks to Its Buy Rating for British American Tobacco (BATS)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 07 2025
0mins
Source: Business Insider
Analyst Ratings: Damian McNeela from Deutsche Bank has maintained a Buy rating on British American Tobacco with a price target of £35.00, while Barclays also issued a Buy rating, contrasting J.P. Morgan's Hold rating.
Financial Performance: British American Tobacco reported a quarterly revenue of £12.34 billion and a net profit of £4.49 billion for the quarter ending June 30, showing a decline in revenue compared to the previous year but an increase in net profit.
Analyst Views on BTI
About BTI
British American Tobacco p.l.c. is a global multi-category consumer goods business company. The Company provides tobacco and nicotine products. Its segments include the United States, Asia Pacific Middle East and Africa, and Americas and Europe. Its product categories include Vapor, Heating Products (HPs), Modern Oral, Traditional Oral, and Combustible cigarettes. Vapor products are handheld, battery-powered devices that heat a liquid to produce an inhalable aerosol, known as vapor. HPs are devices that use heat to generate a nicotine-containing aerosol, which the user inhales. This category includes Tobacco Heated Products and Herbal Products for Heating (HPH). Modern Oral products are smoke-free oral nicotine products called nicotine pouches, designed for use in the mouth. Traditional oral products include snus and snuff. Its brands include Vuse, glo, Velo, Grizzly, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Natural American Spirit, Camel, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
