Imperial Brands PLC (LON:IMB – Get Rating) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 2,164 ($25.59) and last traded at GBX 2,157 ($25.51), with a volume of 222767 shares trading hands. The stock had previously closed at GBX 2,141 ($25.32).
Wall Street Analysts Forecast Growth
A number of research analysts have commented on IMB shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 2,250 ($26.61) price target on shares of Imperial Brands in a research report on Wednesday, November 16th. Barclays restated an “overweight” rating and issued a GBX 2,500 ($29.56) target price on shares of Imperial Brands in a report on Friday, October 7th. JPMorgan Chase & Co. raised their target price on shares of Imperial Brands from GBX 2,250 ($26.61) to GBX 2,350 ($27.79) and gave the stock an “overweight” rating in a report on Monday, October 10th. Royal Bank of Canada restated an “overweight” rating and issued a GBX 2,350 ($27.79) target price on shares of Imperial Brands in a report on Friday, November 18th. Finally, Citigroup restated a “neutral” rating and issued a GBX 2,300 ($27.20) target price on shares of Imperial Brands in a report on Friday, November 11th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Imperial Brands presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,281.67 ($26.98).
Imperial Brands Price Performance
The business has a 50 day moving average of GBX 2,017.45 and a 200 day moving average of GBX 1,900.66. The company has a market cap of £20.24 billion and a PE ratio of 1,324.24. The company has a debt-to-equity ratio of 137.71, a current ratio of 0.80 and a quick ratio of 0.41.
Imperial Brands Increases Dividend
Imperial Brands Company Profile
Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and next generation product (NGP) portfolio, such as e-vapour products, oral nicotine, and heated tobacco products.
- Is the 60/40 Portfolio Mix Still in Vogue?
- Microsoft Shares: Is it Time to Back Up the Truck?
- Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
- Three CBD Stocks to Dominate a Budding Industry
- Institutional Support for Analog Devices Remains High
Receive News & Ratings for Imperial Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Brands and related companies with MarketBeat.com's FREE daily email newsletter.