JPMorgan Chase & Co. reissued their neutral rating on shares of Imperial Brands (LON:IMB) in a research report sent to investors on Thursday, January 18th. They currently have a GBX 3,275 ($45.25) target price on the stock.
IMB has been the subject of several other reports. Barclays reaffirmed an overweight rating and set a GBX 4,300 ($59.41) price objective on shares of Imperial Brands in a research report on Monday, September 25th. Beaufort Securities reaffirmed a long term buy rating and set a GBX 3,450 ($47.67) price objective on shares of Imperial Brands in a research report on Tuesday, November 7th. S&P Global set a GBX 4,200 ($58.03) price objective on Imperial Brands and gave the stock a buy rating in a research report on Friday, October 13th. Berenberg Bank reduced their price objective on Imperial Brands from GBX 3,780 ($52.22) to GBX 3,765 ($52.02) and set a buy rating for the company in a research report on Wednesday, December 13th. Finally, Goldman Sachs Group reiterated a conviction-buy rating and set a GBX 4,000 ($55.26) target price on shares of Imperial Brands in a report on Thursday, September 21st. Four equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of GBX 3,824.12 ($52.83).
Imperial Brands (LON:IMB) opened at GBX 2,661.50 ($36.77) on Thursday. The stock has a market capitalization of $25,380.00 and a PE ratio of 1,810.54. Imperial Brands has a 52 week low of GBX 2,593.32 ($35.83) and a 52 week high of GBX 3,956.50 ($54.66).
In related news, insider Mark Williamson purchased 7,876 shares of Imperial Brands stock in a transaction that occurred on Tuesday, December 19th. The shares were acquired at an average price of GBX 3,149 ($43.51) per share, with a total value of £248,015.24 ($342,657.14).
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Imperial Brands Company Profile
Imperial Brands PLC, formerly Imperial Tobacco Group PLC, is a fast-moving consumer goods company. The Company offers a range of cigarettes, fine cut and smokeless tobaccos, papers and cigars. The Company’s segments include Growth Markets, USA, Returns Markets North, Returns Markets South and Logistics.
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