Imperial Brands (LON:IMB) Reaches New 52-Week Low – Should You Sell?

Shares of Imperial Brands PLC (LON:IMB – Get Free Report) hit a new 52-week low during trading on Thursday. The company traded as low as GBX 2,414 and last traded at GBX 2,418, with a volume of 8696709 shares traded. The stock had previously closed at GBX 2,445.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,500 price objective on shares of Imperial Brands in a research note on Tuesday, September 8th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 3,433.33.

Read Our Latest Stock Report on IMB

Imperial Brands Price Performance

The stock has a 50-day moving average price of GBX 2,571.64 and a two-hundred day moving average price of GBX 2,753.47. 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 stock has a market cap of £18.47 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 16.51 and a beta of 0.13.

About Imperial Brands

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