Jefferies raises target for British American Tobacco stock to GBp 5,600.00
Published on 10/09/2026 at 12:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Jefferies raised its British American Tobacco price target from GBp 5,500.00 to GBp 5,600.00.
- BAT's fiscal 2026 revenue growth guidance remains 3.00 to 5.00 percent, toward the lower end.
- The Lang & Schwarz quote was EUR 49.10 on October 9, 2026, down 0.67 percent versus EUR 49.43.
- The November dividend is 61.26 pence per share, payable on November 6, 2026.
British American Tobacco (GB0002875804) was trading at EUR 49.10 at Lang & Schwarz on October 9, 2026 at 12:47 p.m. CEST, down 0.67 percent versus the prior close of EUR 49.43. According to MarketBeat on October 1, 2026, Jefferies raised its target from GBp 5,500.00 to GBp 5,600.00 and retained a Buy rating.
Chronology shows the transformation
On June 29, 2026, RTT News reported that BAT planned to cut 5,500 jobs and transition 3,500 roles to strategic partners. On July 30, 2026, the same source reported that first-half profit before tax fell 27.30 percent to GBP 4.052 billion from GBP 5.574 billion. On October 1, 2026, StockTitan summarized BAT's 3.00 to 5.00 percent fiscal 2026 revenue growth guidance and 4.00 to 6.00 percent adjusted profit-from-operations guidance.
What does the target change mean?
Jefferies' move lifts the target by 1.82 percent, calculated from GBp 5,500.00 to GBp 5,600.00. The same MarketBeat report lists four Buy ratings, one Hold and one Sell among six brokerages, with an average target of GBp 4,858.33.
Dates anchor the income case
BAT's investor page says its 2026 Capital Markets Day took place on September 29 and September 30, 2026, while the latest half-year report covers the six months to June 30, 2026. The company's investor calendar also places attention on shareholder distributions: StockTitan reports a 61.26-pence dividend payable on November 6, 2026.
British American Tobacco identifies the half-year report dated July 30, 2026 as its latest results publication. Simply Wall St lists February 11, 2027 as the next fiscal-year results date.
Stock stays below its yearly high
British American Tobacco is listed on the London Stock Exchange under BATS and is a FTSE 100 constituent. MarketBeat gives the LSE share a 52-week range of GBp 3,677.00 to GBp 5,368.00 and a market capitalization of GBP 86.9 billion, both dated October 1, 2026. The separate German quote remained an intraday Lang & Schwarz indication in euros on October 9, 2026.
The further course of trading is shown by the continuously updated real-time quote of BAT stock.
British American Tobacco stock facts
- Company: British American Tobacco p.l.c.
- ISIN: GB0002875804
- Ticker: BATS
- Primary exchange: London Stock Exchange
- Price Lang & Schwarz (as of October 9, 2026, 12:47 p.m. CEST): EUR 49.10
- Change versus prior close: minus 0.67 percent
- Prior close Lang & Schwarz (October 8, 2026): EUR 49.43
- Market capitalization: GBP 86.9 billion (as of October 1, 2026)
- 52-week range: GBp 3,677.00-5,368.00 (as of October 1, 2026)
- Sector / Industry: Consumer Goods / Tobacco
- Index membership: FTSE 100
- Next earnings date: February 11, 2027
Market context: Market report FTSE 100.
