Imperial Brands (OTCMKTS:IMBBY) was downgraded by equities researchers at Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research note issued to investors on Wednesday, The Fly reports.
Several other brokerages also recently commented on IMBBY. Zacks Investment Research raised shares of Imperial Brands from a “sell” rating to a “hold” rating in a research report on Thursday, January 18th. Morgan Stanley downgraded shares of Imperial Brands from an “overweight” rating to an “equal weight” rating in a research report on Monday, December 11th. Finally, Piper Jaffray Companies downgraded shares of Imperial Brands from an “overweight” rating to a “neutral” rating in a research report on Tuesday, February 13th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $47.00.
Imperial Brands (OTCMKTS IMBBY) traded up $0.37 during trading hours on Wednesday, hitting $35.76. 178,261 shares of the stock were exchanged, compared to its average volume of 224,309. The stock has a market cap of $33,470.00, a P/E ratio of 17.36, a PEG ratio of 3.50 and a beta of 0.54. The company has a quick ratio of 0.30, a current ratio of 0.63 and a debt-to-equity ratio of 1.64. Imperial Brands has a 12-month low of $35.30 and a 12-month high of $50.43.
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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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