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British American Tobacco ( (GB:BATS) ) just unveiled an update.
British American Tobacco (BAT) announced a significant change in its leadership team with the stepping down of Soraya Benchikh as Chief Financial Officer. Javed Iqbal will serve as the interim CFO while the company seeks a permanent successor. This transition comes as BAT continues to perform ahead of expectations and remains on track to meet its full-year guidance. The company is committed to its strategic goals, including the profitable transformation towards smokeless products and sustainability, which are crucial for its future growth and industry positioning.
The most recent analyst rating on (GB:BATS) stock is a Hold with a £4586.00 price target. To see the full list of analyst forecasts on British American Tobacco stock, see the GB:BATS Stock Forecast page.
Spark’s Take on GB:BATS Stock
According to Spark, TipRanks’ AI Analyst, GB:BATS is a Neutral.
British American Tobacco’s overall stock score is driven by strong technical momentum and strategic corporate actions such as share buybacks. While financial performance shows robust cash flow, concerns about earnings stability and a high P/E ratio temper the score. The earnings call provided a mixed outlook, with growth in new categories but challenges in key markets. The attractive dividend yield and strategic deleveraging efforts further support the stock’s appeal.
To see Spark’s full report on GB:BATS stock, click here.
More about British American Tobacco
BAT is a leading global multi-category consumer goods business focused on creating a smokeless world through tobacco harm reduction. The company aims to switch smokers from combustible tobacco products to lower-risk smokeless tobacco and nicotine products. BAT employs over 48,000 people and generated significant revenue and profit in 2024, with a strong focus on sustainability and reducing its environmental impact.
Average Trading Volume: 4,614,352
Technical Sentiment Signal: Buy
Current Market Cap: £94.23B
Learn more about BATS stock on TipRanks’ Stock Analysis page.