Deutsche Bank AG Reiterates “Buy” Rating for Imperial Brands PLC (IMT)
Imperial Brands PLC (LON:IMT)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank AG in a note issued to investors on Thursday, StockTargetPrices.com reports. They currently have a GBX 4,100 ($54.38) target price on the stock. Deutsche Bank AG’s price objective points to a potential upside of 11.47% from the stock’s previous close.
A number of other equities analysts have also commented on IMT. Citigroup Inc. set a GBX 3,400 ($45.10) target price on shares of Imperial Brands PLC and gave the stock a “neutral” rating in a research report on Friday, September 29th. Whitman Howard reaffirmed a “buy” rating and set a GBX 5,100 ($67.65) target price on shares of Imperial Brands PLC in a research report on Thursday, September 28th. J P Morgan Chase & Co reduced their target price on shares of Imperial Brands PLC from GBX 3,770 ($50.01) to GBX 3,230 ($42.84) and set a “neutral” rating on the stock in a research report on Friday, September 29th. Goldman Sachs Group, Inc. (The) reduced their target price on shares of Imperial Brands PLC from GBX 4,370 ($57.97) to GBX 4,000 ($53.06) and set a “conviction-buy” rating on the stock in a research report on Thursday, August 3rd. Finally, Barclays PLC reaffirmed an “overweight” rating and set a GBX 4,300 ($57.04) target price on shares of Imperial Brands PLC in a research report on Monday, September 25th. 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 to the company. Imperial Brands PLC presently has a consensus rating of “Buy” and an average target price of GBX 4,070 ($53.99).
Shares of Imperial Brands PLC (LON:IMT) opened at 3678.00 on Thursday. Imperial Brands PLC has a 52-week low of GBX 3,324.00 and a 52-week high of GBX 4,154.00. 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.
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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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