ITV PLC Stock Rating Reaffirmed by Westhouse Securities (ITVPF) (Zolmax)
Westhouse Securities reaffirmed their add rating on shares of ITV plc (LON:ITV) in a research note released on Tuesday morning, StockRatingsNetwork reports. They currently have a $144.00 price target on the stock. ITV plc (LON:ITV) remained flat at $1.90 during trading on Tuesday. ITV plc (LON:ITV) has a 52-week low of $1.04 and a 52-week high of $1.98. The stock’s 50-day moving average is currently $1.90. A number of other analysts have also recently weighed in on ITV plc (LON:ITV). Analysts at HSBC Holdings plc (NYSE:HBC) raised their price target on shares of ITV plc (LON:ITV) from $83.00 to $87.00 in a research note to investors on Tuesday, April 9th.
British cigarette branding plan stalls, prompting criticism (Reuters)
The British government is still considering banning company branding on cigarette packets even though it ommitted the plan from its legislative agenda laid out in Parliament on Wednesday, an official spokesman said. Britain had looked set to become the first European country to force cigarette makers to use plain packaging – a step opposed by the tobacco industry, which sees it as harming their profits. …Companies such as Philip Morris International Inc. (NYSE:PM) and British American Tobacco plc (LON:BATS) fear that plain packaging would eat into sales of higher margin brands and say it would encourage the global black market in tobacco. Imperial Tobacco shares have risen marginally since reports circulated in the British media that Cameron had dropped the initiative.
Top 4 Stocks In The Cigarettes Industry With The Highest ROE (Benzinga)
Below are the top cigarettes stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Philip Morris International Inc. (NYSE:PM) is 339.70%. Philip Morris International Inc. (NYSE:PM)’ operating margin for the same period is 44.13%. The trailing-twelve-month return on equity at Altria Group, Inc. (NYSE:MO) is 119.14%. Altria Group, Inc. (NYSE:MO)’s PEG ratio is 2.04 The trailing-twelve-month return on equity at British American Tobacco plc (LON:BATS) is 50.72%. British American Tobacco plc (LON:BATS)’s revenue for the same period is $24.42 billion.
A Closer Look At British American Tobacco Plc’s Dividend Potential (Fool)
Is British American Tobacco plc (LON:BATS) a solid pick for dividend growth? Dividend income accounts for around two-thirds of total returns, the actual rate of return taking into account both capital and income appreciation. Given that share prices are often volatile and unpredictable, the potential for plump dividends can give shareholders much-needed peace of mind for decent returns. I am currently looking at the dividend prospects of British American Tobacco plc (LON:BATS) and assessing whether the company is an appetising pick for income investors.
