Shares of Imperial Brands PLC (LON:IMB) have been assigned an average recommendation of “Buy” from the thirteen analysts that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 4,215.45 ($54.90).

A number of research analysts recently weighed in on the company. Goldman Sachs Group, Inc. (The) reduced their price objective on Imperial Brands PLC from GBX 4,370 ($56.91) to GBX 4,000 ($52.09) and set a “conviction-buy” rating for the company in a research report on Thursday, August 3rd. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 3,770 ($49.09) target price on shares of Imperial Brands PLC in a research note on Monday, July 31st. Whitman Howard reiterated a “buy” rating and set a GBX 5,100 ($66.41) target price on shares of Imperial Brands PLC in a research note on Monday, July 31st. Deutsche Bank AG reiterated a “buy” rating on shares of Imperial Brands PLC in a research note on Monday, July 31st. Finally, Berenberg Bank cut their target price on Imperial Brands PLC from GBX 4,200 ($54.69) to GBX 4,050 ($52.74) and set a “buy” rating on the stock in a research note on Friday, June 30th.

ILLEGAL ACTIVITY WARNING: This piece was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece can be accessed at https://www.americanbankingnews.com/2017/08/08/imperial-brands-plc-imb-given-consensus-recommendation-of-buy-by-analysts.html.

Imperial Brands PLC (LON:IMB) opened at 3257.00 on Tuesday. The firm has a 50-day moving average price of GBX 3,440.02 and a 200 day moving average price of GBX 3,668.83. The stock’s market cap is GBX 31.08 billion. Imperial Brands PLC has a 52-week low of GBX 3,112.50 and a 52-week high of GBX 4,154.00.

In other news, insider Simon Langelier purchased 24,100 shares of the company’s stock in a transaction dated Wednesday, July 19th. The shares were purchased at an average cost of GBX 3,447 ($44.89) per share, for a total transaction of £830,727 ($1,081,816.64).

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.

Analyst Recommendations for Imperial Brands PLC (LON:IMB)

Receive News & Ratings for Imperial Brands PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Brands PLC and related companies with MarketBeat.com's FREE daily email newsletter.