British American Tobacco p.l.c. (LON:BATS)
London flag London · Delayed Price · Currency is GBP · Price in GBX
4,572.00
+92.00 (2.05%)
Jul 24, 2026, 4:42 PM GMT

LON:BATS Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, LON:BATS stock has a consensus rating of "Buy" and an average price target of 5,055p. The average 1-year stock price forecast is 10.55% higher than the current stock price, while the lowest is 3,600p (-21.26%) and the highest is 5,750p (+25.77%).

Price Target: 5,055p (+10.55%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price3,600p5,055p5,200p5,750p
Change-21.26%+10.55%+13.74%+25.77%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy777666
Buy112222
Hold332122
Sell111111
Strong Sell110000
Total131312101111

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Deutsche Bank
Deutsche Bank
Buy
Maintains
5,100p
BuyMaintains5,100p+11.55%Jul 23, 2026
Unknown Analyst
BTIG
No rating
BTIG
Buy
Initiates
5,800p
BuyInitiates5,800p+26.86%Jul 21, 2026
Citi
Citi
Buy
Reiterates
n/a
BuyReiteratesn/an/aJul 16, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
5,300p
BuyMaintains5,300p+15.92%Jul 15, 2026
Jefferies
Jefferies
Buy
Maintains
5,500p
BuyMaintains5,500p+20.30%Jul 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
26.28B
from 25.61B
Increased by 2.60%
Revenue Next Year
27.23B
from 26.28B
Increased by 3.65%
EPS This Year
3.60
from 3.52
Increased by 2.14%
EPS Next Year
3.87
from 3.60
Increased by 7.49%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
25.68B27.66B27.28B25.87B25.61B26.28B
Revenue Growth
-0.36%7.67%-1.35%-5.19%-0.99%2.60%
Gross Profit
21.09B23.08B22.39B21.30B21.17B21.39B
Gross Margin
82.10%83.44%82.07%82.33%82.65%81.39%
Operating Income
10.91B11.50B-10.57B9.80B9.76B11.80B
Net Income
6.80B6.67B-14.37B3.07B7.76B7.40B
EPS
----3.523.60
EPS Growth
-----2.87%2.14%
Forward PE
7.858.346.117.7711.8712.71
Dividend / Share
2.162.182.362.402.452.51
Dividend Growth
-1.02%8.14%2.00%2.00%2.50%
Free Cash Flow
6.59B7.12B16.09B10.28B2.99B7.77B
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is GBP.

Revenue Forecast

Revenue202620272028
High26.5B
Avg26.3B
Low26.0B

Revenue Growth

Revenue Growth202620272028
High
3.6%
Avg
2.6%
Low
1.6%

EPS Forecast

EPS202620272028
High3.76
Avg3.60
Low3.50

EPS Growth

EPS Growth202620272028
High
6.8%
Avg
2.1%
Low
-0.6%