Imperial Brands (LON:IMB) Reaches New 12-Month Low – Here’s What Happened

Imperial Brands PLC (LON:IMBGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 2,613 and last traded at GBX 2,670, with a volume of 6013248 shares. The stock had previously closed at GBX 2,767.32.

Wall Street Analysts Forecast Growth

IMB has been the subject of a number of research reports. UBS Group restated a “neutral” rating and set a GBX 3,150 price objective on shares of Imperial Brands in a research report on Monday, May 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 3,500 price target on shares of Imperial Brands in a report on Wednesday, May 13th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,500 price objective on shares of Imperial Brands in a research note on Thursday, May 28th. Citigroup decreased 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 research note on Wednesday, April 15th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 2,700 price target on shares of Imperial Brands in a research note on Wednesday, May 13th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Imperial Brands presently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,433.33.

Get Our Latest Research Report on IMB

Imperial Brands Stock Down 3.5%

The company has a current ratio of 0.70, a quick ratio of 0.41 and a debt-to-equity ratio of 278.43. The business’s fifty day moving average price is GBX 2,769.88 and its two-hundred day moving average price is GBX 2,938.40. The firm has a market cap of £20.48 billion, a P/E ratio of 12.56, a P/E/G ratio of 16.51 and a beta of 0.14.

Imperial Brands (LON:IMBGet Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The company reported GBX 127.70 earnings per share (EPS) for the quarter. The firm had revenue of GBX 1,471.90 billion during the quarter. Imperial Brands had a net margin of 8.96% and a return on equity of 39.24%. As a group, equities research analysts anticipate that Imperial Brands PLC will post 246.5723613 EPS for the current year.

Imperial Brands Company Profile

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