Imperial Brands PLC (IMT) Rating Reiterated by Whitman Howard
Imperial Brands PLC (LON:IMT)‘s stock had its “buy” rating reissued by equities research analysts at Whitman Howard in a report released on Friday, StockTargetPrices.com reports. They presently have a GBX 5,100 ($65.87) target price on the stock. Whitman Howard’s price target points to a potential upside of 38.66% from the company’s previous close.
A number of other equities analysts have also recently issued reports on IMT. Deutsche Bank AG restated a “buy” rating and issued a GBX 4,100 ($52.95) target price on shares of Imperial Brands PLC in a report on Thursday, June 22nd. Berenberg Bank reiterated a “buy” rating and issued a GBX 4,200 ($54.24) price objective on shares of Imperial Brands PLC in a research note on Tuesday, May 23rd. Barclays PLC set a GBX 4,300 ($55.53) price objective on shares of Imperial Brands PLC and gave the company a “buy” rating in a research note on Wednesday, September 6th. J P Morgan Chase & Co increased their price objective on shares of Imperial Brands PLC from GBX 3,640 ($47.01) to GBX 3,770 ($48.69) and gave the company a “neutral” rating in a research note on Thursday, June 22nd. Finally, Jefferies Group LLC decreased their price objective on shares of Imperial Brands PLC from GBX 4,400 ($56.83) to GBX 4,300 ($55.53) and set a “buy” rating for the company in a research note on Monday, May 22nd. Two analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. Imperial Brands PLC presently has an average rating of “Buy” and a consensus target price of GBX 4,180 ($53.98).
Shares of Imperial Brands PLC (LON IMT) opened at 3678.00 on Friday. The firm has a 50 day moving average price of GBX 3,654.35 and a 200 day moving average price of GBX 3,758.37. Imperial Brands PLC has a 1-year low of GBX 3,324.00 and a 1-year high of GBX 4,154.00.
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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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