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British American Tobacco p.l.c. (BTI)

Outperform Current rating · 2 reports

Coverage summary

Aardvark Labs Capital Research has covered British American Tobacco p.l.c. (BTI) since February 13, 2026. The company is in the Consumer Defensive sector. This page lists 2 reports: 2 earnings recaps.

The latest is the Q2 2026 Earnings Recap, published August 23, 2026. That report moved the rating from Hold to Outperform. The rating has changed once since coverage began.

Translations: 2 in Chinese.

Rating history

  1. First rating: Hold Q4 2025 Earnings Recap
  2. Hold → Outperform Q2 2026 Earnings Recap

All BTI reports

2026-08-23

Outperform Recap: Q2 2026

Velo and Vuse Beat the Assumptions Management Set Itself, APMEA Missed Again, and a 13% De-Rating Has Done the Rest
2026-02-13

Hold Recap: Q4 2025

The U.S. Turn Is Real, 2026 Is Guided to the Floor, and Management Told the Street Not to Extrapolate the Second Half