Brokerages Set Imperial Brands PLC (LON:IMB) Price Target at GBX 3,433.33

Shares of Imperial Brands PLC (LON:IMBGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 3,433.33.

IMB has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 3,500 target price on shares of Imperial Brands in a research report on Wednesday, May 13th. Royal Bank Of Canada reaffirmed 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. UBS Group reiterated a “neutral” rating and issued a GBX 3,150 price objective on shares of Imperial Brands in a report on Monday, May 11th. Jefferies Financial Group reissued a “buy” rating and set a GBX 3,500 target price on shares of Imperial Brands in a research note on Thursday, May 28th. Finally, Citigroup dropped their target price on Imperial Brands from GBX 3,650 to GBX 3,550 and set a “buy” rating for the company in a research report on Wednesday, April 15th.

Read Our Latest Report on Imperial Brands

Imperial Brands Price Performance

LON IMB opened at GBX 2,800.52 on Monday. The company has a market capitalization of £21.62 billion, a PE ratio of 13.17, a price-to-earnings-growth ratio of 16.51 and a beta of 0.15. Imperial Brands has a fifty-two week low of GBX 2,626 and a fifty-two week high of GBX 3,341. The company has a debt-to-equity ratio of 278.43, a quick ratio of 0.41 and a current ratio of 0.70. The business’s fifty day moving average is GBX 2,778.73 and its 200 day moving average is GBX 2,994.99.

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 during the quarter. Imperial Brands had a return on equity of 39.24% and a net margin of 8.96%. Sell-side analysts predict that Imperial Brands will post 246.5723613 earnings per share for the current year.

Insider Activity at Imperial Brands

In other Imperial Brands news, insider Alan Johnson bought 645 shares of the business’s stock in a transaction that occurred on Friday, April 10th. The shares were purchased at an average cost of GBX 3,097 per share, with a total value of £19,975.65. Insiders own 0.47% of the company’s stock.

Imperial Brands Company Profile

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