British American Tobacco (BTI) Well-Positioned With Pricing Power

British American Tobacco PLC (NYSE:BTI) is one of the 10 best tobacco and cigarette stocks to invest in. On April 13, Goldman Sachs analyst Bonnie Herzog reported a price hike of around 3% by Altria Group Inc. (NYSE:MO) on its Marlboro product line in the United States. Herzog expects British American Tobacco plc (NYSE:BTI) to follow suit by hiking prices on its R.J. Reynolds products. The analyst noted that the industry is seeing continued strength in net price realization, driven by manufacturers’ stron ...

British American Tobacco (BTI) Well-Positioned With Pricing Power - Reportify