A number of other brokerages also recently commented on IMB. UBS Group set a GBX 3,900 ($53.88) price objective on Imperial Brands and gave the company a buy rating in a research report on Tuesday, October 24th. JPMorgan Chase & Co. reissued a neutral rating and set a GBX 3,230 ($44.63) price target on shares of Imperial Brands in a research report on Friday, October 20th. Morgan Stanley set a GBX 3,750 ($51.81) target price on Imperial Brands and gave the stock a buy rating in a research report on Wednesday, November 8th. Deutsche Bank reaffirmed a buy rating and issued a GBX 3,700 ($51.12) target price on shares of Imperial Brands in a research report on Wednesday, November 8th. Finally, Citigroup reaffirmed a neutral rating on shares of Imperial Brands in a research report on Wednesday, November 8th. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock currently has an average rating of Buy and an average target price of GBX 3,768.75 ($52.07).
Imperial Brands (LON IMB) traded up GBX 21.95 ($0.30) during midday trading on Friday, hitting GBX 2,515.95 ($34.76). The stock had a trading volume of 2,270,000 shares, compared to its average volume of 2,600,000. The firm has a market capitalization of $24,000.00 and a PE ratio of 1,711.53. Imperial Brands has a 12 month low of GBX 2,483 ($34.31) and a 12 month high of GBX 3,956.50 ($54.66).
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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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