Imperial Brands (LON:IMB) received a GBX 3,140 ($42.58) price target from UBS Group in a report issued on Monday, www.boersen-zeitung.de reports. The firm presently has a “neutral” rating on the stock. UBS Group’s price target indicates a potential upside of 5.56% from the stock’s current price.
A number of other equities research analysts also recently issued reports on IMB. Citigroup set a GBX 3,400 ($46.11) price target on shares of Imperial Brands and gave the stock a “neutral” rating in a report on Friday, September 29th. Deutsche Bank reissued a “buy” rating and issued a GBX 4,100 ($55.60) price target on shares of Imperial Brands in a report on Friday, September 29th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 3,275 ($44.41) price target on shares of Imperial Brands in a report on Thursday. Barclays reissued an “overweight” rating and issued a GBX 4,300 ($58.31) price target on shares of Imperial Brands in a report on Monday, September 25th. Finally, Whitman Howard reissued a “buy” rating and issued a GBX 5,100 ($69.16) price target on shares of Imperial Brands in a report on Thursday, September 28th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 3,856.25 ($52.30).
Shares of Imperial Brands (IMB) traded down GBX 41.50 ($0.56) during trading on Monday, hitting GBX 2,974.50 ($40.34). 1,982,967 shares of the stock were exchanged, compared to its average volume of 1,710,000. Imperial Brands has a 52-week low of GBX 2,986.50 ($40.50) and a 52-week high of GBX 3,956.50 ($53.65). The stock has a market capitalization of $28,780.00 and a P/E ratio of 2,023.47.
In other Imperial Brands news, insider Mark Williamson purchased 7,876 shares of Imperial Brands stock in a transaction on Tuesday, December 19th. The shares were acquired at an average cost of GBX 3,149 ($42.70) per share, for a total transaction of £248,015.24 ($336,337.46).
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About Imperial Brands
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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