British American Tobacco (BATS)

- Bullish flag pattern suggests potential for further upside
- Volumes rising through May and June
- RSI still bullish
- Stochastic oscillator overbought
- BATS currently has a dividend yield of 3.6%
Broker Consensus: 52% Buy, 33% Hold, 15% Sell
Bullish: Jefferies, Buy, Target 4800, +13% (26 Apr)
Average Target: 4333p, +2% (24 June)
Bearish: RBC Capital Markets, Underperform, Target 3400p, -20% (6 June)
N.B. All pricing and consensus data was sourced from Bloomberg on 24 June. Brokers are sure to update their recommendations in light of the current situation. Please contact us for a full, up to date rundown.
