British American Tobacco plc (LON:BATS) had its price target lowered by Canaccord Genuity from GBX 3,000 ($49.89) to GBX 2,900 ($48.23) in a research report sent to investors on Thursday morning, Analyst Ratings Network reports. The firm currently has a sell rating on the stock. British American Tobacco plc (LON:BATS) stock opened at GBX3,200.00 in last session, and closed at GBX3,193.00, while the day range of British American Tobacco plc (LON:BATS) stock is GBX 3,184.36 – GBX3,227.00. The stock showed a positive weekly performance of 60.27B%.
Lorillard, Inc. (NYSE:LO) begin trading ex-dividend on February 26, 2014. A cash dividend payment of $0.615 per share is scheduled to be paid on March 10, 2014. Lorillard Inc. (NYSE:LO) stock opened at $48.72 in last session, and closed at $49.06 by gaining 1.01%. The 52 week range of $37.95 – $53.27. Company’s market capitalization is $17.99B.
Altria Group (NYSE:MO) is making fast moves in ramping up its presence in the growing e-cigarettes market. The company recently announced that it will start a national roll-out of its MarkTen e-cigarettes, which are currently limited to the test markets of Indiana and Arizona, in the second quarter of this year. Earlier this month, Altria acquired premium e-cigarette manufacturer Green Smoke for $110 million. This was after the company signed a cross-licensing agreement in December last year with Philip Morris International (NYSE:PM), the world’s largest cigarette manufacturer by revenues. Altria Group Inc. (NYSE:MO) stock increased 1.09% and finished the last session at $36.26. The EPS of the stock remained 2.26. Company’s market capitalization is $72.26B.
Philip Morris International Inc. logo Zacks restated their neutral rating on shares of Philip Morris International (NYSE:PM) in a report released on Thursday, American Banking & Market News reports. Philip Morris International Inc. (NYSE:PM) stock opened the session at $81.16, and closed the session at $80.91. The 52 week range of the Philip Morris International Inc. (NYSE:PM) stock remained $75.28 – $96.73 and the day range was $80.51 – $81.60.