Barclays PLC Analysts Give Imperial Brands PLC (IMT) a GBX 4,300 Price Target
Imperial Brands PLC (LON:IMT) has been assigned a GBX 4,300 ($55.53) price target by equities researchers at Barclays PLC in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. Barclays PLC’s price objective would suggest a potential upside of 16.91% from the company’s previous close.
IMT has been the subject of several other reports. Deutsche Bank AG set a GBX 4,100 ($52.95) price objective on Imperial Brands PLC and gave the stock a “buy” rating in a research report on Wednesday, August 30th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 4,200 ($54.24) price objective on shares of Imperial Brands PLC in a research report on Monday, May 15th. Royal Bank Of Canada raised Imperial Brands PLC to an “outperform” rating and upped their price objective for the stock from GBX 3,500 ($45.20) to GBX 3,600 ($46.49) in a research report on Monday, August 21st. Citigroup Inc. set a GBX 3,800 ($49.08) price objective on Imperial Brands PLC and gave the stock a “neutral” rating in a research report on Wednesday, June 28th. Finally, Whitman Howard reaffirmed a “buy” rating and set a GBX 5,100 ($65.87) price objective on shares of Imperial Brands PLC in a research report on Monday, July 31st. Two investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Imperial Brands PLC presently has an average rating of “Buy” and an average target price of GBX 4,180 ($53.98).
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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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