Imperial Brands (IMB) Given a GBX 3,610 Price Target at Goldman Sachs Group

Goldman Sachs Group set a GBX 3,610 ($49.88) price objective on Imperial Brands (LON:IMB) in a research report sent to investors on Friday. The firm currently has a buy rating on the stock.

Several other equities research analysts also recently issued reports on IMB. Royal Bank of Canada set a GBX 3,200 ($44.21) target price on shares of Imperial Brands and gave the company a buy rating in a research note on Monday, February 12th. Deutsche Bank reiterated a buy rating and issued a GBX 3,400 ($46.97) target price on shares of Imperial Brands in a research note on Wednesday, February 14th. Citigroup reiterated a neutral rating and issued a GBX 2,850 ($39.38) target price on shares of Imperial Brands in a research note on Tuesday, February 13th. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 3,230 ($44.63) target price on shares of Imperial Brands in a research note on Wednesday, November 8th. Finally, Beaufort Securities restated 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. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of GBX 3,820.59 ($52.79).

Shares of Imperial Brands (IMB) opened at GBX 2,668 ($36.86) on Friday. Imperial Brands has a one year low of GBX 2,593.32 ($35.83) and a one year high of GBX 3,956.50 ($54.66). The stock has a market cap of $25,450.00 and a PE ratio of 1,814.97.

In related news, insider Mark Williamson acquired 7,876 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was purchased at an average cost of GBX 3,149 ($43.51) per share, for a total transaction of £248,015.24 ($342,657.14).

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About Imperial Brands

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.

Analyst Recommendations for Imperial Brands (LON:IMB)

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