British American Tobacco p.l.c. (LON:BATS)
United Kingdom flag United Kingdom · Delayed Price · Currency is GBP · Price in GBX
4,644.00
+115.00 (2.54%)
Nov 4, 2026, 5:15 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 "Strong Buy" and an average price target of 5,185p. The average 1-year stock price forecast is 11.64% higher than the current stock price, while the lowest is 3,800p (-18.17%) and the highest is 5,600p (+20.59%).

Price Target: 5,185p (+11.64%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price3,800p5,185p5,300p5,600p
Change-18.17%+11.64%+14.13%+20.59%

Analyst Ratings

The average analyst rating for LON:BATS stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy678889
Buy222333
Hold222110
Sell111111
Strong Sell000000
Total111213131313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Buy
Upgrades
n/a
BuyUpgradesn/an/aNov 2, 2026
Barclays
Barclays
Buy
Maintains
5,400p
BuyMaintains5,400p+16.28%Nov 2, 2026
Deutsche Bank
Deutsche Bank
Buy
Reiterates
5,100p
BuyReiterates5,100p+9.82%Oct 1, 2026
Citi
Citi
Buy
Reiterates
n/a
BuyReiteratesn/an/aOct 1, 2026
Jefferies
Jefferies
Buy
Maintains
5,600p
BuyMaintains5,600p+20.59%Sep 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
26.17B
from 25.61B
Increased by 2.17%
Revenue Next Year
27.10B
from 26.17B
Increased by 3.57%
EPS This Year
3.62
from 3.52
Increased by 2.71%
EPS Next Year
3.86
from 3.62
Increased by 6.87%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
25.68B27.66B27.28B25.87B25.61B26.17B
Revenue Growth
-0.36%7.67%-1.35%-5.19%-0.99%2.17%
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-10.57B9.80B9.76B11.83B
Net Income
6.80B6.67B-14.37B3.07B7.76B7.24B
EPS
----3.523.62
EPS Growth
-----2.87%2.71%
Forward PE
7.858.346.117.7711.8712.84
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
2.2%
Low
1.7%

EPS Forecast

EPS202620272028
High3.74
Avg3.62
Low3.54

EPS Growth

EPS Growth202620272028
High
6.2%
Avg
2.7%
Low
0.5%