Imperial Brands (LON:IMB – Get Free Report)‘s stock had its “buy” rating reissued by investment analysts at Jefferies Financial Group in a note issued to investors on Thursday,London Stock Exchange reports. They presently have a GBX 3,500 price objective on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 26.35% from the company’s current price.
Several other analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 3,500 price objective on shares of Imperial Brands in a research note on Wednesday, May 13th. UBS Group reiterated a “neutral” rating and issued a GBX 3,150 price objective on shares of Imperial Brands in a research note on Monday, May 11th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 2,700 price objective on shares of Imperial Brands in a research note on Wednesday, May 13th. Finally, Citigroup reduced their price objective on Imperial Brands from GBX 3,650 to GBX 3,550 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 3,433.33.
Read Our Latest Stock Analysis on IMB
Imperial Brands Stock Down 1.0%
Imperial Brands (LON:IMB – Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported GBX 127.70 earnings per share (EPS) for the quarter. The business had revenue of GBX 1,471.90 billion for the quarter. Imperial Brands had a return on equity of 39.24% and a net margin of 8.96%. Research analysts anticipate that Imperial Brands will post 246.5723613 EPS for the current year.
Insiders Place Their Bets
In other Imperial Brands news, insider Alan Johnson purchased 645 shares of the business’s stock in a transaction on Friday, April 10th. The shares were bought at an average cost of GBX 3,097 per share, for a total transaction of £19,975.65. 0.46% of the stock is currently owned by corporate insiders.
Imperial Brands Company Profile
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