According to TipRanks, Hales is a 4-star analyst with an average return of 4.1% and a 55.65% success rate. Hales covers the Consumer Defensive sector, focusing on stocks such as British American Tobacco, Altria Group, and Diageo.
Currently, the analyst consensus on British American Tobacco is a Moderate Buy with an average price target of p4,908.20, a 7.07% upside from current levels. In a report released on June 9, Jefferies also maintained a Buy rating on the stock with a £52.00 price target.
Based on British American Tobacco’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p13.54 billion and a net profit of p3.25 billion. In comparison, last year the company earned a revenue of p13.53 billion and had a GAAP net loss of p1.45 billion
Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BATS in relation to earlier this year.
