British American Tobacco p.l.c. (LON:BATS)
London flag London · Delayed Price · Currency is GBP · Price in GBX
4,431.00
+171.00 (4.01%)
Oct 15, 2026, 2:56 PM GMT

LON:BATS Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, LON:BATS stock has a consensus rating of "Buy" and an average price target of 5,154p. The average 1-year stock price forecast is 16.31% higher than the current stock price, while the lowest is 3,800p (-14.24%) and the highest is 5,600p (+26.38%).

Price Target: 5,154p (+16.31%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price3,800p5,154p5,250p5,600p
Change-14.24%+16.31%+18.48%+26.38%

Analyst Ratings

The average analyst rating for LON:BATS stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy667888
Buy222233
Hold122211
Sell111111
Strong Sell000000
Total101112131313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Buy
Reiterates
5,400p
BuyReiterates5,400p+21.87%Oct 5, 2026
Deutsche Bank
Deutsche Bank
Buy
Reiterates
5,100p
BuyReiterates5,100p+15.10%Oct 1, 2026
Citi
Citi
Buy
Reiterates
n/a
BuyReiteratesn/an/aOct 1, 2026
Jefferies
Jefferies
Buy
Maintains
5,600p
BuyMaintains5,600p+26.38%Sep 30, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
5,050p
BuyMaintains5,050p+13.97%Sep 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
26.16B
from 25.61B
Increased by 2.14%
Revenue Next Year
27.10B
from 26.16B
Increased by 3.60%
EPS This Year
3.65
from 3.52
Increased by 3.58%
EPS Next Year
3.87
from 3.65
Increased by 6.04%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
25.68B27.66B27.28B25.87B25.61B26.16B
Revenue Growth
-0.36%7.67%-1.35%-5.19%-0.99%2.14%
Gross Profit
21.09B23.08B22.39B21.30B21.17B21.47B
Gross Margin
82.10%83.44%82.07%82.33%82.65%82.07%
Operating Income
10.91B11.50B-10.57B9.80B9.76B11.85B
Net Income
6.80B6.67B-14.37B3.07B7.76B7.45B
EPS
----3.523.65
EPS Growth
-----2.87%3.58%
Forward PE
7.858.346.117.7711.8712.15
Dividend / Share
2.162.182.362.402.452.51
Dividend Growth
2.47%1.02%8.14%2.00%2.00%2.48%
Free Cash Flow
----5.79B8.35B
No. Analysts
-----14
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is GBP.

Revenue Forecast

Revenue202620272028
High26.5B
Avg26.2B
Low26.0B

Revenue Growth

Revenue Growth202620272028
High
3.3%
Avg
2.1%
Low
1.7%

EPS Forecast

EPS202620272028
High3.74
Avg3.65
Low3.57

EPS Growth

EPS Growth202620272028
High
6.2%
Avg
3.6%
Low
1.5%