Jefferies Financial Group Reaffirms Buy Rating for Imperial Brands (LON:IMB)

Imperial Brands (LON:IMBGet Free Report)‘s stock had its “buy” rating restated by stock analysts at Jefferies Financial Group in a research report issued to clients and investors on Wednesday,London Stock Exchange reports. They currently have a GBX 3,500 target price on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 25.72% from the stock’s current price.

Several other equities analysts have also recently issued reports on IMB. UBS Group reiterated a “neutral” rating and set a GBX 3,150 price target on shares of Imperial Brands in a research report on Monday. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 2,700 target price on shares of Imperial Brands in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 3,500 price objective on shares of Imperial Brands in a research report on Wednesday, April 15th. Finally, Citigroup reduced their target price on shares of Imperial Brands from GBX 3,650 to GBX 3,550 and set a “buy” rating for the company in a report on Wednesday, April 15th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 3,433.33.

Get Our Latest Analysis on Imperial Brands

Imperial Brands Price Performance

IMB opened at GBX 2,784 on Wednesday. The company has a debt-to-equity ratio of 207.21, a quick ratio of 0.41 and a current ratio of 0.74. The stock has a market capitalization of £21.57 billion, a PE ratio of 11.17, a price-to-earnings-growth ratio of 16.51 and a beta of 0.17. The stock’s 50 day moving average price is GBX 2,997.08 and its 200-day moving average price is GBX 3,099.97. Imperial Brands has a 52-week low of GBX 2,648 and a 52-week high of GBX 3,341.

Imperial Brands (LON:IMBGet Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported GBX 127.70 earnings per share for the quarter. The business had revenue of GBX 1,471.90 billion for the quarter. Imperial Brands had a net margin of 10.91% and a return on equity of 42.31%. On average, equities research analysts predict that Imperial Brands will post 246.5723613 EPS for the current year.

Insider Transactions at Imperial Brands

In other Imperial Brands news, insider Alan Johnson acquired 645 shares of the company’s stock in a transaction on Friday, April 10th. The stock was acquired at an average cost of GBX 3,097 per share, with a total value of £19,975.65. Also, insider Lukas Paravicini sold 30,561 shares of the stock in a transaction dated Monday, February 16th. The shares were sold at an average price of GBX 3,219, for a total transaction of £983,758.59. Insiders own 0.46% of the company’s stock.

About Imperial Brands

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