British American Tobacco Announces Share Acquisition by Director

British American Tobacco ( (GB:BATS) ) just unveiled an announcement.

British American Tobacco announced the acquisition of shares by Serpil Timuray, a Non-Executive Director, and Abdurrahman Murat Timuray, a person closely associated with her. The transaction involved the reinvestment of dividend income to acquire ordinary shares, highlighting the company’s ongoing commitment to shareholder value and engagement with its leadership.

The most recent analyst rating on (GB:BATS) stock is a Hold with a £29.00 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 reflects a mix of strong cash flow and profitability, tempered by earnings volatility and high valuation. The technical indicators suggest potential overbought conditions, while corporate actions like share buybacks and positive earnings guidance provide support. The company’s attractive dividend yield also adds to its appeal for income investors.

To see Spark’s full report on GB:BATS stock, click here.

More about British American Tobacco

British American Tobacco p.l.c. is a leading company in the tobacco industry, primarily engaged in the production and sale of cigarettes and other nicotine products. It operates globally with a focus on delivering high-quality tobacco products to its consumers.

Average Trading Volume: 4,974,564

Technical Sentiment Signal: Buy

Current Market Cap: £92.57B

Find detailed analytics on BATS stock on TipRanks’ Stock Analysis page.