Jefferies Financial Group Weighs in on British American Tobacco p.l.c.’s FY2021 Earnings (NYSE:BTI) – MarketBeat

Jefferies Financial Group Weighs in on British American Tobacco p.l.c.’s FY2021 Earnings (NYSE:BTI) – MarketBeat

British American Tobacco p.l.c. (NYSE:BTI) – Jefferies Financial Group upped their FY2021 earnings estimates for British American Tobacco in a note issued to investors on Monday, October 12th. Jefferies Financial Group analyst O. Bennett now forecasts that the company will earn $4.61 per share for the year, up from their prior estimate of $4.60. Jefferies Financial Group currently has a “Hold” rating on the stock. Jefferies Financial Group also issued estimates for British American Tobacco’s FY2022 earnings at $5.07 EPS and FY2023 earnings at $5.51 EPS.

A number of other analysts also recently commented on the company. Credit Suisse Group reissued an “outperform” rating on shares of British American Tobacco in a research note on Wednesday, August 5th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of British American Tobacco in a report on Monday, August 10th. Royal Bank of Canada upgraded British American Tobacco from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, September 22nd. Finally, Morgan Stanley reiterated an “overweight” rating on shares of British American Tobacco in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. British American Tobacco presently has an average rating of “Buy” and a consensus target price of $47.50.

Shares of BTI stock opened at $35.27 on Wednesday. The
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