Bti stock price forecast analysts tracking the BTI stock price

Analysts tracking the BTI stock price forecast note moderate upward momentum, with RSI levels near 55 indicating room for growth. British American Tobacco’s cost-cutting measures and next-gen product expansion continue supporting its valuation. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. BTI stock price forecast for late 2024 factors in macro risks such as inflation moderation, which could boost consumer discretionary spending in premium nicotine products.