Imperial Brands PLC’s (LON:IMB) “Buy” Rating Reiterated at Deutsche Bank AG

Deutsche Bank AG restated their buy rating on shares of Imperial Brands PLC (LON:IMB) in a research report report published on Thursday, October 5th. Deutsche Bank AG currently has a GBX 4,100 ($54.48) price objective on the stock.

A number of other research firms also recently issued reports on IMB. Citigroup Inc. reissued a neutral rating and issued a GBX 3,800 ($50.49) price objective on shares of Imperial Brands PLC in a report on Wednesday, June 28th. J P Morgan Chase & Co raised their target price on shares of Imperial Brands PLC from GBX 3,640 ($48.37) to GBX 3,770 ($50.09) and gave the stock a neutral rating in a research note on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) raised their target price on shares of Imperial Brands PLC from GBX 4,070 ($54.08) to GBX 4,100 ($54.48) and gave the stock a buy rating in a research note on Thursday, June 29th. Berenberg Bank decreased their target price on shares of Imperial Brands PLC from GBX 4,200 ($55.81) to GBX 4,050 ($53.81) and set a buy rating on the stock in a research note on Friday, June 30th. Finally, Whitman Howard restated a buy rating and set a GBX 5,100 ($67.77) target price on shares of Imperial Brands PLC in a research note on Thursday, July 20th. Two equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Imperial Brands PLC currently has a consensus rating of Buy and a consensus price target of GBX 4,027.50 ($53.51).

Imperial Brands PLC (IMB) opened at 3146.00 on Thursday. The company has a 50-day moving average of GBX 3,218.43 and a 200 day moving average of GBX 3,475.26. The company’s market cap is GBX 30.02 billion. Imperial Brands PLC has a 52-week low of GBX 3,112.50 and a 52-week high of GBX 4,007.00.

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In related news, insider Simon Langelier bought 31 shares of the stock in a transaction dated Monday, September 18th. The stock was purchased at an average cost of GBX 3,258 ($43.29) per share, with a total value of £1,009.98 ($1,341.99).

About Imperial Brands PLC

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)

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