Imperial Brands PLC (LON:IMT) had its price target reduced by investment analysts at Jefferies Group LLC from GBX 4,200 ($54.24) to GBX 4,100 ($52.95) in a report issued on Wednesday, StockTargetPrices.com reports. The brokerage presently has a “buy” rating on the stock. Jefferies Group LLC’s price objective indicates a potential upside of 11.47% from the stock’s previous close.

Other research analysts also recently issued research reports about the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 4,200 ($54.24) price target on shares of Imperial Brands PLC in a research note on Monday, May 15th. Whitman Howard reaffirmed a “buy” rating and issued a GBX 5,100 ($65.87) price target on shares of Imperial Brands PLC in a research note on Monday, July 31st. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 4,100 ($52.95) price target on shares of Imperial Brands PLC in a research note on Monday, July 31st. Goldman Sachs Group, Inc. (The) boosted their price target on Imperial Brands PLC from GBX 4,070 ($52.56) to GBX 4,100 ($52.95) and gave the company a “conviction-buy” rating in a research note on Thursday, June 29th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 3,770 ($48.69) target price on shares of Imperial Brands PLC in a research note on Monday, July 31st. Two analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of GBX 4,180 ($53.98).

Shares of Imperial Brands PLC (LON IMT) traded up 1.31% during midday trading on Wednesday, hitting GBX 3678.00. 2,787,997 shares of the company were exchanged. The company has a 50-day moving average of GBX 3,654.35 and a 200 day moving average of GBX 3,758.37. Imperial Brands PLC has a one year low of GBX 3,324.00 and a one year high of GBX 4,154.00.

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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.

Stock Target Prices

Analyst Recommendations for Imperial Brands PLC (LON:IMT)

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