British American Tobacco: Credit Suisse still a buyer

(CercleFinance.com) - On Wednesday morning, a Credit Suisse analyst maintains an "Outperform" rating on the British American Tobacco share in view of the group's outlook.


"In our view, the current valuation underestimates the durability of BAT's combustible profit pool," the broker says.

Credit Suisse thus confirms its target price of 4,070 pence for the stock (current price 3,074 pence, +1.6%).


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