Imperial Brands PLC (IMBBY) Receives Average Recommendation of “Buy” from Brokerages
Imperial Brands PLC (NASDAQ:IMBBY) has been given a consensus rating of “Buy” by the seven ratings firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company.
IMBBY has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Imperial Brands PLC from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a report on Tuesday, August 29th. Royal Bank Of Canada upgraded shares of Imperial Brands PLC from a “sector perform” rating to an “outperform” rating in a report on Monday, August 21st.
Imperial Brands PLC (NASDAQ:IMBBY) opened at 42.25 on Wednesday. The stock has a market cap of $40.32 billion and a price-to-earnings ratio of 30.16. Imperial Brands PLC has a 52-week low of $41.32 and a 52-week high of $50.43. The company has a 50-day moving average price of $43.32 and a 200 day moving average price of $45.76.
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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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