Several institutions raise British American Tobacco stock rating to 'Buy'

British American Tobacco’s stock rating has been upgraded to “Buy.”

[Cross-Strait Express] According to a research report released by StockNews.com on Wednesday morning, British American Tobacco (NYSE: BTI) was upgraded from a neutral rating to a buy rating.

Other analysts have also issued reports on the stock. In a report released on Wednesday, November 1, Morgan Stanley initiated coverage on British American Tobacco and assigned the company an overweight rating.

Argus downgraded British American Tobacco from buy to hold, according to a report issued on Friday, September 1.

Finally, in a report published on Monday, September 25, Citigroup initiated coverage on British American Tobacco and gave the company a buy rating. Compared with hold ratings from two other research analysts, three analysts issued buy ratings. According to data from MarketBeat.com, the company’s consensus rating is Moderate Buy.