British American Tobacco p.l.c. (LON:BATS)
London flag London · Delayed Price · Currency is GBP · Price in GBX
4,207.00
-36.00 (-0.85%)
Sep 25, 2026, 9:44 AM 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 5,146p. The average 1-year stock price forecast is 22.32% higher than the current stock price, while the lowest is 3,800p (-9.67%) and the highest is 5,600p (+33.11%).

Price Target: 5,146p (+22.32%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price3,800p5,146p5,250p5,600p
Change-9.67%+22.32%+24.79%+33.11%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy766788
Buy222222
Hold212222
Sell111111
Strong Sell000000
Total121011121313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Buy
Reiterates
5,400p
BuyReiterates5,400p+28.36%Sep 18, 2026
Jefferies
Jefferies
Buy
Maintains
5,500p
BuyMaintains5,500p+30.73%Sep 18, 2026
Deutsche Bank
Deutsche Bank
Buy
Maintains
5,100p
BuyMaintains5,100p+21.23%Sep 18, 2026
RBC Capital
RBC Capital
Sell
Maintains
3,800p
SellMaintains3,800p-9.67%Sep 11, 2026
UBS
UBS
Buy
Maintains
5,750p → 5,600p
BuyMaintains5,750p → 5,600p+33.11%Sep 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
26.17B
from 25.61B
Increased by 2.18%
Revenue Next Year
27.10B
from 26.17B
Increased by 3.54%
EPS This Year
3.58
from 3.52
Increased by 1.59%
EPS Next Year
3.87
from 3.58
Increased by 8.13%
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%2.18%
Gross Profit
21.09B23.08B22.39B21.30B21.17B21.78B
Gross Margin
82.10%83.44%82.07%82.33%82.65%83.22%
Operating Income
10.91B11.50B-10.57B9.80B9.76B11.76B
Net Income
6.80B6.67B-14.37B3.07B7.76B7.56B
EPS
----3.523.58
EPS Growth
-----2.87%1.59%
Forward PE
7.858.346.117.7711.8711.76
Dividend / Share
2.162.182.362.402.452.51
Dividend Growth
2.47%1.02%8.14%2.00%2.00%2.47%
Free Cash Flow
----5.79B8.35B
No. Analysts
-----15
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
Avg3.58
Low3.30

EPS Growth

EPS Growth202620272028
High
6.2%
Avg
1.6%
Low
-6.3%