Imperial Brands PLC (IMB) Given Consensus Rating of “Buy” by Analysts
Imperial Brands PLC (LON:IMB) has earned an average recommendation of “Buy” from the fifteen ratings firms that are currently covering the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have assigned a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 4,157.86 ($54.09).
A number of research analysts recently weighed in on IMB shares. Whitman Howard reaffirmed a “buy” rating and set a GBX 5,100 ($66.35) price objective on shares of Imperial Brands PLC in a research report on Tuesday, February 7th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 4,200 ($54.64) price objective on shares of Imperial Brands PLC in a research report on Monday, May 15th. Goldman Sachs Group Inc reduced their price objective on Imperial Brands PLC from GBX 4,130 ($53.73) to GBX 4,070 ($52.95) and set a “buy” rating for the company in a research report on Thursday, May 4th. Jefferies Group LLC reduced their price objective on Imperial Brands PLC from GBX 4,400 ($57.24) to GBX 4,300 ($55.94) and set a “buy” rating for the company in a research report on Monday. Finally, Societe Generale reaffirmed a “buy” rating and set a GBX 4,500 ($58.54) price objective on shares of Imperial Brands PLC in a research report on Friday, March 31st.
Imperial Brands PLC (LON:IMB) opened at 3668.25 on Tuesday. Imperial Brands PLC has a 12 month low of GBX 3,324.00 and a 12 month high of GBX 4,154.00. The company’s 50 day moving average price is GBX 3,777.97 and its 200 day moving average price is GBX 3,677.87. The stock’s market cap is GBX 35.01 billion.
The firm also recently announced a dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 17th will be paid a dividend of GBX 25.85 ($0.34) per share. The ex-dividend date of this dividend is Thursday, August 17th. This represents a yield of 0.68%.
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Imperial Brands PLC Company Profile
Imperial Brands PLC, formerly Imperial Tobacco Group PLC, is a fast-moving consumer goods company. The Company offers a range of cigarettes, fine cut and smokeless tobaccos, papers and cigars. The Company’s segments include Growth Markets, USA, Returns Markets North, Returns Markets South and Logistics.
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