Imperial Brands PLC (IMT) Given Average Recommendation of “Buy” by Analysts
Imperial Brands PLC (LON:IMT) has been assigned an average recommendation of “Buy” from the fifteen research firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 4,180 ($53.98).
Several brokerages have issued reports on IMT. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 4,100 ($52.95) price objective on shares of Imperial Brands PLC in a report on Thursday, June 22nd. J P Morgan Chase & Co raised their price objective on Imperial Brands PLC from GBX 3,640 ($47.01) to GBX 3,770 ($48.69) and gave the stock a “neutral” rating in a report on Thursday, June 22nd. Jefferies Group LLC dropped their price objective on Imperial Brands PLC from GBX 4,400 ($56.83) to GBX 4,300 ($55.53) and set a “buy” rating on the stock in a report on Monday, May 22nd. Whitman Howard reaffirmed a “buy” rating and set a GBX 5,100 ($65.87) price objective on shares of Imperial Brands PLC in a report on Thursday, July 20th. Finally, Goldman Sachs Group, Inc. (The) raised their price objective on Imperial Brands PLC from GBX 4,070 ($52.56) to GBX 4,100 ($52.95) and gave the stock a “conviction-buy” rating in a report on Thursday, June 29th.
Shares of Imperial Brands PLC (LON IMT) opened at 3678.00 on Friday. The firm’s 50-day moving average price is GBX 3,654.35 and its 200-day moving average price is GBX 3,758.37. Imperial Brands PLC has a 12 month low of GBX 3,324.00 and a 12 month high of GBX 4,154.00.
About Imperial Brands PLC
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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