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.
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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.
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