British American Tobacco bullish in the long run
british American Tobacco’s (BAT’s) share price has had a volatile journey from 2016 to 2020 as broad market and regulatory pressures increased.
After peaking at just under R1 000 in 2016, the price collapsed by close to 60% into the December 2018 global equity sell-off and has since rallied by 65%. From the same low, the FTSE/JSE All Share Index is negative – below the
