Jefferies raises target for British American Tobacco stock to GBp 5,600.00

Published on 10/14/2026 at 16:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 target is 3.00-5.00 percent. British American Tobacco stock costs EUR 50.44 on October 14, 2026, 1.45 percent above the Xetra close.

Jefferies target and BAT valuation

Jefferies lifted its British American Tobacco target from GBp 5,500.00 to GBp 5,600.00 on October 1, 2026.
Fiscal 2026 revenue growth guidance stands at 3.00-5.00 percent.
British American Tobacco stock costs EUR 50.44 at Lang & Schwarz on October 14, 2026 at 4:55 p.m. CEST, 1.45 percent above the Xetra close of October 13, 2026 at EUR 49.72.
British American Tobacco is scheduled to report fiscal year 2026 results on February 11, 2027.

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Jefferies raised its British American Tobacco target from GBp 5,500.00 to GBp 5,600.00 and maintained a Buy rating in a note dated October 1, 2026, according to MarketBeat. The GBp 5,600.00 target lies 31.42 percent above the London-listed price of GBp 4,261.00 on October 14, 2026. BAT stock was trading at EUR 50.44 at Lang & Schwarz on October 14, 2026 at 4:55 p.m. CEST, 1.45 percent above the Xetra close of October 13, 2026 at EUR 49.72.

Revenue growth target stays measurable

British American Tobacco is targeting 3.00-5.00 percent revenue growth for fiscal 2026 at constant exchange rates. Simply Wall St reported the guidance on September 30, 2026, alongside the company outlook that performance should land toward the lower end of the range.

That range gives the target revision a concrete operating benchmark. The market is therefore weighing a 31.42 percent target distance against a revenue-growth objective that remains below double digits.

Stock stays below its yearly high

The London listing traded at GBp 4,261.00 on October 14, 2026, while its 52-week range was GBp 3,677.00 to GBp 5,368.00. The current level is 20.62 percent below the 52-week high and 15.89 percent above the 52-week low.

Trading volume was 964,632 shares against an average of 3,490,703 shares on October 14, 2026. BAT's London price was up 0.85 percent in the same session, while the euro quote was 1.45 percent above the Xetra close.

Valuation and reporting date

British American Tobacco had a market capitalization of GBP 91.9 billion, a price-to-earnings ratio of 14.69 and a trailing dividend yield of 6.00 percent on October 14, 2026. The figures put the stock's income profile alongside a target revision that remains materially above the London price.

British American Tobacco is scheduled to report fiscal year 2026 results on February 11, 2027, according to Simply Wall St. That date is the next scheduled checkpoint for the revenue-growth range and the company's execution against its smokeless portfolio strategy.

Comparison with peers

BAT: plus 1.45 percent, price-to-earnings ratio 14.65, market capitalization GBP 91.9 billion.
Altria Group (NYSE, USD): plus 1.22 percent, price-to-earnings ratio 15.28, market capitalization USD 120.9 billion.
Philip Morris International (NYSE, USD): plus 1.53 percent, price-to-earnings ratio 29.03, market capitalization USD 315.4 billion.

Trading price remains above Xetra

For investors, the key market measure is the spread between the EUR 50.44 Lang & Schwarz quote and the EUR 49.72 Xetra close of October 13, 2026. The London price remains below its GBp 5,368.00 yearly high, leaving the Jefferies target and the February reporting date as separate reference points for the next valuation update.

The further course of trading is shown by the continuously updated real-time quote of British American Tobacco stock.