(June 14): KAF Seagroatt & Campbell analyst Damia Othman upgraded the recommendation on British American Tobacco Malaysia Bhd to Hold from Sell.

* TP set to RM27.69, implies 2.6% decrease. BAT Malaysia average TP is RM30.94.
* BAT Malaysia had 4 Buys, 4 Holds, 9 Sells previously: Bloomberg data
* Analysts lowered their consensus one-year target price for the stock by 8.8% in the past three months. Forecasts range from RM22 to RM39.70. 

Performance Metrics

* In the past, KAF Seagroatt & Campbell Bhd has rated BAT Malaysia Sell once and Hold once. 
* The shares fell 13% in the period rated Sell and fell 9% in the period rated Hold.