BAT stock: Jefferies raised target for BAT stock to GBp 5,600.00

Published on 10/20/2026 at 16:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quarterly earnings per share reached GBp 203.60. BAT stock costs EUR 52.58 on October 20, 2026 at 4:10 p.m. CEST.

Jefferies target and earnings

Jefferies raised its British American Tobacco target from GBp 5,500.00 to GBp 5,600.00 on October 1, 2026.
Quarterly earnings per share were GBp 203.60, according to a report dated October 1, 2026.
BAT stock costs EUR 52.58 at Lang & Schwarz on October 20, 2026 at 4:10 p.m. CEST.

Schwarzweiß-Reportagefoto von Feldarbeitern bei der Ernte auf landwirtschaftlicher Anbaufläche — British American Tobacco plc (GB0002875804) zeigt dokumentarisch Landwirtschaft und Ernteprozesse in Schwarzweiß, Illustration mit AI erstellt.

British American Tobacco (ISIN GB0002875804) remains anchored by a Jefferies price-target increase to GBp 5,600.00, up from GBp 5,500.00, in a research note dated October 1, 2026, according to MarketBeat. BAT stock was trading at EUR 52.58 at Lang & Schwarz on October 20, 2026 at 4:10 p.m. CEST.

Earnings provide the second marker

The same MarketBeat report cited quarterly earnings per share of GBp 203.60 for the results released on July 30, 2026. The figure gives investors a concrete operating reference alongside the analyst view, although the two figures use different currencies and should not be combined into a single price calculation.

London quote and yearly range

On the London Stock Exchange, BAT closed at GBp 4,439.00 on October 19, 2026. The 52-week range was GBp 3,677.00 to GBp 5,368.00, placing the latest London close below the yearly high while keeping the stock above its yearly low.

BAT's London listing is the relevant home-market reference for the company. The Lang & Schwarz quotation is the euro indication used for German investors and remains separate from the London price.

Valuation and reporting calendar

BAT had a market capitalization of USD 127.2 billion and a price-to-earnings ratio of 15.22 as of October 20, 2026. The company said its Capital Markets Day took place on September 29 and September 30, 2026, while its investor page identifies the half-year results for the six months ended June 30, 2026, released on July 30, 2026, according to British American Tobacco.

What the target says about BAT

Jefferies kept a Buy rating while raising its target by GBp 100.00. MarketBeat also listed four Buy ratings, one Hold rating and one Sell rating, with an average target of GBp 4,875.00 across six brokerages on October 1, 2026. That spread matters because the Jefferies target sits above the reported average, while the London quotation remains below the target level.

BAT stock keeps a two-market profile

For investors in Germany, the key distinction is between the euro quotation and the London share price. BAT's operating disclosures are reported through its investor-relations calendar, while the analyst case rests on a higher target and a Buy rating rather than on a new earnings release.

BAT stock was trading at EUR 52.58 at Lang & Schwarz on October 20, 2026 at 4:10 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of BAT stock.