Shares of Imperial Brands PLC (LON:IMB) have received a consensus recommendation of “Buy” from the thirteen analysts that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 4,027.50 ($53.51).

Several equities analysts have weighed in on the company. Citigroup Inc. restated a “neutral” rating and set a GBX 3,800 ($50.49) price objective on shares of Imperial Brands PLC in a research note on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) raised their price objective on Imperial Brands PLC from GBX 4,070 ($54.08) to GBX 4,100 ($54.48) and gave the company a “buy” rating in a research note on Thursday, June 29th. Berenberg Bank dropped their price objective on Imperial Brands PLC from GBX 4,200 ($55.81) to GBX 4,050 ($53.81) and set a “buy” rating on the stock in a research note on Friday, June 30th. Whitman Howard restated a “buy” rating and set a GBX 5,100 ($67.77) price objective on shares of Imperial Brands PLC in a research note on Thursday, July 20th. Finally, Deutsche Bank AG restated a “buy” rating on shares of Imperial Brands PLC in a research note on Monday, July 31st.

Shares of Imperial Brands PLC (IMB) opened at 3140.00 on Friday. The stock has a 50 day moving average of GBX 3,211.86 and a 200-day moving average of GBX 3,460.95. The firm’s market capitalization is GBX 29.96 billion. Imperial Brands PLC has a 12-month low of GBX 3,112.50 and a 12-month high of GBX 4,007.00.

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In other Imperial Brands PLC news, insider Simon Langelier bought 31 shares of the firm’s stock in a transaction dated Monday, September 18th. The stock was purchased at an average cost of GBX 3,258 ($43.29) per share, with a total value of £1,009.98 ($1,341.99).

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.

Analyst Recommendations for Imperial Brands PLC (LON:IMB)

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