Imperial Brands PLC (IMT) Given Average Rating of “Buy” by Brokerages
Imperial Brands PLC (LON:IMT) has been given an average rating of “Buy” by the sixteen analysts that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 4,032 ($53.21).
Several brokerages have commented on IMT. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 3,230 ($42.62) price objective on shares of Imperial Brands PLC in a research note on Friday, October 20th. UBS AG set a GBX 3,900 ($51.46) price objective on shares of Imperial Brands PLC and gave the company a “buy” rating in a research note on Tuesday, October 24th. Citigroup Inc. set a GBX 3,400 ($44.87) price objective on shares of Imperial Brands PLC and gave the company a “neutral” rating in a research note on Friday, September 29th. Deutsche Bank AG restated a “buy” rating and set a GBX 4,100 ($54.10) price objective on shares of Imperial Brands PLC in a research note on Friday, September 29th. Finally, Goldman Sachs Group, Inc. (The) decreased their price objective on shares of Imperial Brands PLC from GBX 4,370 ($57.67) to GBX 4,000 ($52.78) and set a “conviction-buy” rating for the company in a research note on Thursday, August 3rd.
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.
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