Imperial Brands PLC (LON:IMB) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Imperial Brands PLC (LON:IMB) have been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 3,433.33.

A number of research firms recently weighed in on IMB. Jefferies Financial Group restated a “buy” rating and set a GBX 3,500 target price on shares of Imperial Brands in a research note on Thursday, May 28th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 3,500 target price on shares of Imperial Brands in a research note on Wednesday, May 13th. Citigroup lowered their target price on shares of Imperial Brands from GBX 3,650 to GBX 3,550 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. UBS Group restated a “neutral” rating and set a GBX 3,150 target price on shares of Imperial Brands in a research note on Monday, May 11th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,700 target price on shares of Imperial Brands in a research note on Wednesday, May 13th.

Insider Buying and Selling at Imperial Brands

In other news, insider Alan Johnson bought 645 shares of the stock in a transaction that occurred on Friday, April 10th. The shares were bought at an average price of GBX 3,097 per share, for a total transaction of £19,975.65. Company insiders own 0.47% of the company’s stock.

Imperial Brands Price Performance

LON IMB opened at GBX 2,806 on Thursday. Imperial Brands has a 12 month low of GBX 2,626 and a 12 month high of GBX 3,341. The stock has a market cap of £21.66 billion, a price-to-earnings ratio of 13.20, a PEG ratio of 16.51 and a beta of 0.15. The company’s 50 day moving average is GBX 2,848.37 and its two-hundred day moving average is GBX 3,049.38. The company has a current ratio of 0.70, a quick ratio of 0.41 and a debt-to-equity ratio of 278.43.

Imperial Brands (LON:IMB) last released its earnings results on Tuesday, May 12th. The company reported GBX 127.70 EPS for the quarter. Imperial Brands had a net margin of 8.96% and a return on equity of 39.24%. The company had revenue of GBX 1,471.90 billion for the quarter. As a group, research analysts anticipate that Imperial Brands will post 246.5723613 earnings per share for the current year.

Imperial Brands Company Profile