FTSE 100 news / Companies and sectors / British American Tobacco / 2 October 2026
British American Tobacco (BATS): news on Friday 2 October 2026
+2.0 slightly positive
Coverage centred on the share price weakness after the capital markets day and updated growth strategy, with Bank of America seeing limited implications for consensus. Analyst support from Deutsche Bank, Citi and Jefferies, including a raised price target, offset much of the negativity.
What drove it
- capital markets day reaction
- analyst ratings
- share price fall
The 15 stories
- −8.3 British American Tobacco stock slumps nearly 4% as updated growth strategy fails to boost sentiment
Shares slumped as updated strategy failed to lift sentiment - +8.3 BAT shares seen rebounding as Citi and Deutsche Bank back delivery prospects
Citi and Deutsche back delivery prospects, rebound expected - +7.5 British American Tobacco (LON:BATS) Stock Price Target Raised at Jefferies Financial Group
Jefferies raised price target - +6.7 British American Tobacco p.l.c. : Deutsche Bank remains its Buy rating
Deutsche Bank maintains Buy rating - +6.7 Deutsche Bank Aktiengesellschaft Reaffirms "Buy" Rating for British American Tobacco (LON:BATS)
Deutsche Bank reaffirms Buy rating - +6.7 UK shares Entain, BAT, ICG and Coca-Cola HBC make Deutsche Bank’s top picks
Named among Deutsche Bank's top UK picks - −5.8 British American Tobacco stock outlook: Weak momentum weighs on shares
Weak momentum weighs on shares - +5.0 British American Tobacco (LSE:BATS) Stock Could Be Below Fair Value On Earnings
Suggests stock could trade below fair value - −5.0 British American Tobacco falls Thursday, underperforms market
Shares fell and underperformed market - +5.0 British American Tobacco p.l.c. (LON:BATS) Stock Rated "Moderate Buy" by Wall Street Brokerages
Brokers' consensus rating Moderate Buy - −4.2 British American Tobacco (LSE:BATS) Shares Dropped, So What Is Driving Attention Now?
Shares dropped, drawing attention - +3.3 Is British American Tobacco (LSE:BATS) A Bargain After Horizon 2030?
Valuation article asks if shares are a bargain after strategy update - −1.7 BofA: British American Tobacco Capital Markets Day Yields 'Limited Implications' for Consensus
BofA sees limited implications for consensus from capital markets day - −0.8 Does British American Tobacco (LSE:BATS) Trade Ex-Dividend Today As Bond Yields Climb?
Ex-dividend trading, mostly factual - +0.8 The November 6 dividend goes to British American Tobacco (BTI) holders registered October 2.
Routine dividend payment notice
British American Tobacco: every day · Consumer staples on 2 October 2026 · FTSE 100 overview for the day