What’s Propelling British American Tobacco p.l.c. (BTI) to Increase So Much?

February 23, 2018 - By Henry Gaston

The stock of British American Tobacco p.l.c. (NYSE:BTI) is a huge mover today! The stock increased 3.92% or $2.37 during the last trading session, reaching $62.78. About 1.58M shares traded. British American Tobacco p.l.c. (NYSE:BTI) has risen 17.78% since February 23, 2017 and is uptrending. It has outperformed by 1.08% the S&P500.
The move comes after 6 months positive chart setup for the $133.06 billion company. It was reported on Feb, 23 by Barchart.com. We have $68.43 PT which if reached, will make NYSE:BTI worth $11.98 billion more.

More notable recent British American Tobacco p.l.c. (NYSE:BTI) news were published by: Seekingalpha.com which released: “Don’t Miss This Forgotten Tobacco Play” on February 08, 2018, also Marketwatch.com with their article: “British American Tobacco profit jumps on FX effect” published on July 27, 2017, Nasdaq.com published: “Validea Warren Buffett Strategy Daily Upgrade Report – 2/23/2018” on February 23, 2018. More interesting news about British American Tobacco p.l.c. (NYSE:BTI) were released by: Marketwatch.com and their article: “British American Tobacco PLC ADR” published on May 12, 2016 as well as Fool.com‘s news article titled: “Better Buy: Philip Morris International Inc. vs. British American Tobacco PLC …” with publication date: December 11, 2017.

British American Tobacco p.l.c. engages in the production and sale of tobacco products. The company has market cap of $133.06 billion. It provides cigarettes and cigars; snus, a low-toxicant smokeless tobacco product; and e-cigarettes and other products, such as vapor and tobacco heating products, as well as nicotine inhalers. It has a 19.69 P/E ratio. The firm offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.

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