Jefferies raises target for British American Tobacco stock
Published on 10/05/2026 at 12:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
British American Tobacco (ISIN GB0002875804) was trading at EUR 47.09 at Lang & Schwarz on October 5, 2026 at 12:04 p.m. CEST, up 0.45 percent from the prior close of EUR 46.88. The latest analyst action came from Jefferies: according to MarketBeat on October 1, 2026, the broker raised its target from GBp 5,500.00 to GBp 5,600.00 and maintained a Buy rating.
Jefferies raises the valuation bar
The target increase puts the analyst view above the LSE share price cited in the report, while the euro quote gives German-market investors a separate trading reference. MarketBeat said the broker's target implied 38.81 percent upside from the price used in its October 1 report, a calculation based on the same pence-denominated listing.
Deutsche Bank also reiterated a Buy rating and set a GBp 5,100.00 target, according to MarketBeat in an October 1, 2026 report. The two broker targets frame the debate around execution rather than a change in BAT's stated financial plan.
Horizon 2030 depends on new categories
BAT's September 29, 2026 Capital Markets Day centered on Horizon 2030. In its release, BAT said New Category revenue is expected to grow at a mid-teens rate through 2030, while its contribution margin is expected to reach at least 30.00 percent by 2030.
The nearer test is fiscal 2026. BAT said it remains on track for revenue growth toward the lower end of its 3.00-5.00 percent range, adjusted profit from operations growth toward the lower end of 4.00-6.00 percent, and adjusted diluted earnings per share growth toward the midpoint of 5.00-8.00 percent, all at constant rates.
Dividend date adds a cash-return marker
A separate October 1, 2026 filing cited by StockTitan set BAT's November dividend at GBp 61.26 per share, payable on November 6, 2026, to holders registered on October 2, 2026. That payment date gives the transformation strategy a measurable shareholder-return component while the company works toward its leverage range.
Stock holds above its prior close
BAT was trading at EUR 47.09 at Lang & Schwarz on October 5, 2026 at 12:04 p.m. CEST, versus the Lang & Schwarz prior close of EUR 46.88 on October 2, 2026, a gain of 0.45 percent. The reference price is intraday and remains separate from the London Stock Exchange quotation in GBp.
The further course of trading is shown by the continuously updated real-time quote of British American Tobacco stock.
British American Tobacco stock at a glance
- Company: British American Tobacco p.l.c.
- ISIN: GB0002875804
- WKN: 916018
- Ticker: BATS
- Primary exchange: London Stock Exchange
- Price Lang & Schwarz as of October 5, 2026, 12:04 p.m. CEST: EUR 47.09
- Change versus prior close: plus 0.45 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 46.88
- Sector / Industry: Consumer Defensive / Tobacco
- Index membership: FTSE 100
