Currently 3 bullish, 0 bearish — stable.
Analysts are holding steady at 3 bullish to 0 bearish.
2 YouTube analysts cover British American Tobacco p.l.c. (BTI).
2 analysts have covered BTI so far…
British American Tobacco is held long-term as a 'sin stock' and has performed well recently.
KOL disclosed a long position and noted that 'sin stocks' like British American Tobacco have performed well recently, even as the broader market is segmented with some areas lagging. No specific thesis beyond holding for income.
BTI’s turnaround validates the contrarian bet — bought at $33 and change, now about $66 and change, yielding 10% dividend on cost.
BTI was purchased when others feared the business had no future, creating a contrarian entry with upside. The speaker cites doubling from about $33 and change to about $66 and change and a 10% dividend yield on cost, while the risk remains that uncertainty could reappear if management fails to execute.
BTI’s dividends are a tailwind for a US investor right now because a weakening dollar boosts the ADR conversion rate and he expects the next payout to be higher even with only a small underlying dividend hike.
A weakening US dollar boosts the ADR conversion rate for BTI's pound-denominated dividends, creating a currency tailwind that should lift the next US payout even if the underlying dividend increase is modest. This makes BTI an attractive income position for dollar-based investors right now.
No official filings surfaced for BTI yet.
