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Citi raises target price on British American Tobacco, flags scope for FY26 outperformance

By Iain Gilbert

Date: Friday 28 Nov 2025

(Sharecast News) - Analysts at Citi raised their target price on tobacco giant British American Tobacco to £48.50 on Friday, stating it expects the firm's 2026 growth performance to surprise to upside.
Citi said BAT remains its top-pick in the beverages and tobacco space, with the group well-placed to deliver at...

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