British American Tobacco PLC (BATS.L): Solid H126E and FY26E EPS guidance upgrade should drive shares higher.

Research evidence excerpt

British American Tobacco PLC (BATS.L): Solid H126E and FY26E EPS guidance upgrade should drive shares higher.

British American Tobacco PLC (BATS.L)

30 July 2026 Citi Research

Citigroup Global Markets Inc. or its affiliates received compensation for products and services other than investment banking

services from British American Tobacco PLC in the past 12 months.

Citigroup Global Markets Inc. or its affiliates currently has, or had within the past 12 months, the following as investment

banking client(s): British American Tobacco PLC.

Citigroup Global Markets Inc. or its affiliates currently has, or had within the past 12 months, the following as clients, and the

services provided were non-investment-banking, securities-related: British American Tobacco PLC.

services provided were non-investment-banking, non-securities-related: British American Tobacco PLC.

Citigroup Global Markets Inc. and/or its affiliates has a significant financial interest in relation to British American Tobacco

PLC. (For an explanation of the determination of significant financial interest, please refer to the policy for managing conflicts

of interest which can be found at www.citiVelocity.com.)

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