Imperial Brands PLC (LON:IMB) Price Target Increased to GBX 3,275 by Analysts at J P Morgan Chase & Co

Imperial Brands PLC (LON:IMB) had its target price increased by J P Morgan Chase & Co from GBX 3,230 ($42.48) to GBX 3,275 ($43.08) in a research report sent to investors on Tuesday morning. They currently have a neutral rating on the stock.

Several other brokerages have also issued reports on IMB. Barclays PLC set a GBX 4,300 ($56.56) target price on Imperial Brands PLC and gave the company a buy rating in a research note on Wednesday, September 6th. Deutsche Bank AG set a GBX 4,100 ($53.93) price target on Imperial Brands PLC and gave the company a buy rating in a research report on Wednesday, August 30th. Royal Bank Of Canada upgraded Imperial Brands PLC to an outperform rating and lifted their price target for the company from GBX 3,500 ($46.03) to GBX 3,600 ($47.35) in a research report on Monday, August 21st. The Goldman Sachs Group, Inc. reduced their price target on Imperial Brands PLC from GBX 4,370 ($57.48) to GBX 4,000 ($52.61) and set a conviction-buy rating for the company in a research report on Thursday, August 3rd. Finally, Citigroup Inc. set a GBX 3,800 ($49.98) price target on Imperial Brands PLC and gave the company a neutral rating in a research report on Thursday, August 3rd. Three research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Imperial Brands PLC has a consensus rating of Buy and a consensus target price of GBX 3,926.56 ($51.64).

Shares of Imperial Brands PLC (IMB) opened at GBX 3,049 ($40.10) on Tuesday. Imperial Brands PLC has a one year low of GBX 3,019 ($39.71) and a one year high of GBX 3,956.50 ($52.04).

Imperial Brands PLC (LON:IMB) last issued its earnings results on Tuesday, November 7th. The company reported GBX 267 ($3.51) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 264.40 ($3.48) by GBX 2.60 ($0.03). The firm had revenue of GBX 3,024.70 billion for the quarter. Imperial Brands PLC had a return on equity of 25.54% and a net margin of 4.83%.

TRADEMARK VIOLATION WARNING: This news story was originally posted by BBNS and is the property of of BBNS. If you are viewing this news story on another website, it was copied illegally and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://baseballnewssource.com/markets/imperial-brands-plc-imb-price-target-increased-to-gbx-3275-by-analysts-at-j-p-morgan-chase-co/1782953.html.

The company also recently disclosed a dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, February 22nd will be issued a GBX 59.51 ($0.78) dividend. This represents a dividend yield of 1.87%. The ex-dividend date of this dividend is Thursday, February 22nd.

In other news, insider Simon Langelier acquired 31 shares of the business’s stock in a transaction dated Monday, September 18th. The stock was purchased at an average cost of GBX 3,258 ($42.85) per share, for a total transaction of £1,009.98 ($1,328.40).

Imperial Brands PLC 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.

Analyst Recommendations for Imperial Brands PLC (LON:IMB)

Receive News & Ratings for Imperial Brands PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Brands PLC and related companies with our FREE daily email newsletter.

 


Latest News

Phillies Sign Free Agent Carlos Santana
Phillies Sign Free Agent Carlos Santana
Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Manny Machado Could Change Positions or Uniforms
Manny Machado Could Change Positions or Uniforms
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Yankees and Marlins Continue Stanton Trade Talks
Yankees and Marlins Continue Stanton Trade Talks
Marlins Making Moves, Trade Dee Gordon to Seattle
Marlins Making Moves, Trade Dee Gordon to Seattle


Leave a Reply

 
© 2006-2017 BBNS.