Imperial Brands PLC (IMT) Given Consensus Recommendation of “Buy” by Analysts
Imperial Brands PLC (LON:IMT) has received a consensus rating of “Buy” from the fifteen research firms that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 4,215.71 ($54.73).
A number of brokerages have issued reports on IMT. UBS AG set a GBX 4,100 ($53.23) price objective on Imperial Brands PLC and gave the company a “buy” rating in a research note on Wednesday, May 3rd. Jefferies Group LLC lowered their price objective on Imperial Brands PLC from GBX 4,400 ($57.12) to GBX 4,300 ($55.82) and set a “buy” rating for the company in a research note on Monday, May 22nd. Goldman Sachs Group, Inc. (The) set a GBX 4,130 ($53.62) price objective on Imperial Brands PLC and gave the company a “buy” rating in a research note on Tuesday, May 2nd. J P Morgan Chase & Co lifted their price objective on Imperial Brands PLC from GBX 3,640 ($47.25) to GBX 3,770 ($48.94) and gave the company a “neutral” rating in a research note on Thursday, June 22nd. Finally, Deutsche Bank AG reiterated a “buy” rating and set a GBX 4,100 ($53.23) price objective on shares of Imperial Brands PLC in a research note on Thursday, June 22nd.
Shares of Imperial Brands PLC (LON:IMT) opened at 3678.00 on Tuesday. Imperial Brands PLC has a one year low of GBX 3,324.00 and a one year high of GBX 4,154.00. The company’s 50-day moving average price is GBX 3,654.35 and its 200 day moving average price is GBX 3,758.37.
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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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