5D·

The major Swiss bank UBS has upgraded British American Tobacco (BAT) from "Neutral" to "Buy".

There is also good news today... One of my favorite dividend stocks $BATS (+0.43%) reached a new 52-week high and is currently keeping my portfolio value stable.

The price target for BAT the UBS from 3000 to 3900 pence. The tobacco company's shares are analyst Faham Baig's top favorite. He expects Velo Nicotine Pouches (tobacco-free nicotine pouches) to accelerate sales growth in the New Categories segment, he wrote in his recommendation published on Monday. This would enable the company to achieve its targets for the 2025/26 financial year. He also referred to the strong US dollar for his new price target and rolled the valuation basis further into the future.

Source: finanzen.net

6 Comments

Thoranos@Thoranos

For me, a buy rating is an indication not to buy any more shares.

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Jens B.@Greenbug

@Thoranos Watch and taste the dividends.

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Smudo@Smudeo

You said the same thing in May 2017, a strong buy with a high dividend yield. We know what happened 😓

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Dividendenopi👴@Dividendenopi

@Smudeo the share is not a performance hero and certainly not suitable or intended for that. For me, the higher it is above the buy-in, the better for my investment case of high cash flow with capital preservation. No more but also no less

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Smudo@Smudeo

@Dividendenopi But it used to be before 2016, so 300% up over 10 years. That is performance, unfortunately many high-flyers from the 10 years are no longer in 2020, now the music is playing in IT, AI, BTC, etc. Let's see what comes in 3-4 years. The show must go on....

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Nico@_Harry_

But you actually have $BATS because the dividend is high and withholding tax is free. As a result, the shares pay for themselves quickly and you have an "option at zero strike"

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