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

Published on 10/19/2026 at 16:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 revenue reached GBP 12.2 billion, up 1.40 percent year over year. BAT stock costs EUR 52.71 on October 19, 2026 at 4:06 p.m. CEST, down 0.40 percent versus the Xetra close.

Analyst target and trading data

Jefferies raised its British American Tobacco target to GBp 5,600.00 on October 1, 2026.
First-half 2026 revenue reached GBP 12.2 billion, up 1.40 percent year over year.
BAT stock costs EUR 52.71 at Lang & Schwarz on October 19, 2026 at 4:06 p.m. CEST, 0.40 percent below the Xetra close of October 16, 2026.
BAT traded at a P/E ratio of 15.28 and a dividend yield of 6.00 percent on October 19, 2026.

Pop-Art-Comic-Illustration einer Fabrikszene mit Halbtonpunkten und knalligen Farben — British American Tobacco plc (GB0002875804) erscheint als farbenfrohe Pop-Art-Comic-Szene der globalen Tabakbranche, Illustration mit AI erstellt.

Jefferies raised its target for British American Tobacco from GBp 5,500.00 to GBp 5,600.00 in a research note dated October 1, 2026, according to MarketBeat. Against BAT's LSE price of GBp 4,427.00 on October 19, 2026, the target stood 26.48 percent higher. BAT stock was trading at EUR 52.71 at Lang & Schwarz on October 19, 2026 at 4:06 p.m. CEST, down 0.40 percent versus the Xetra close of October 16, 2026.

Half-year revenue provides the counterpoint

British American Tobacco reported first-half 2026 revenue of GBP 12.2 billion, 1.40 percent above the first half of 2025. The same report put earnings per share at GBP 1.46, down from GBP 2.05 in the prior-year period, while net income fell to GBP 3.16 billion from GBP 4.53 billion. These figures were reported in the company results coverage by Simply Wall St.

BAT stock stays below its high

The LSE quote was GBp 4,427.00 on October 19, 2026, against a 52-week range of GBp 3,717.00 to GBp 5,368.00. The share price therefore stood 17.52 percent below the yearly high. Trading volume was 796,950 shares, compared with an average of 3,496,563 shares. The 0.40 percent euro decline and the 0.67 percent LSE decline describe different venues and are not combined.

Valuation and reporting date

BAT had a market capitalization of GBP 95.2 billion, a P/E ratio of 15.28 and a dividend yield of 6.00 percent on October 19, 2026. Simply Wall St listed February 11, 2027 as the date for BAT's fiscal year 2026 results. The company's Capital Markets Day took place on September 29 and September 30, 2026, according to British American Tobacco.

Comparison with peers

BAT (LSE, GBP): minus 0.40 percent, P/E 15.28, market capitalization GBP 95.2 billion
Imperial Brands (LSE, GBP): minus 2.57 percent, P/E 13.30, market capitalization GBP 21.1 billion
Philip Morris International (NYSE, USD): minus 1.51 percent, P/E 29.06, market capitalization USD 315.0 billion

Price and dates frame the report

The combination of a higher analyst target, modest first-half revenue growth and a lower earnings-per-share figure leaves BAT with competing signals. The next scheduled results date is February 11, 2027, while the current valuation remains below Philip Morris International's P/E ratio.

BAT stock was trading at EUR 52.71 at Lang & Schwarz on October 19, 2026 at 4:06 p.m. CEST, 0.40 percent below the Xetra close of October 16, 2026 at EUR 52.92. The further course of trading is shown by the continuously updated real-time quote of BAT stock.