Is It Too Late to Buy British American Tobacco Stock?
Shares of British American Tobacco (NYSE: BTI), or BAT for short, rose after the tobacco company reported its first-half results, as its buyback program helped overshadow a decline in revenue. The stock has now rallied over 18% so far this year.
Income-oriented investors are the ones that are generally drawn to the stock, and even after the stock's strong year-to-date performance, it still carries an over 8.5% forward dividend yield.
Let's take a closer at BAT's most recent earnings results, its buyback program, and the safety of its dividend.
Source Fool.com
British American Tobacco PLC Aktie
32,74 €
0,31 %
Unklare Tendenz: British American Tobacco PLC mit nur wenigen Buy- und Sell-Einschätzungen.
Bei einem Kursziel von 42 € für British American Tobacco PLC deutet sich eine Steigerung von über 20% vom aktuellen Kurs von 32.74 € an.
