Jefferies Group Analysts Lift Earnings Estimates for Imperial Brands PLC (IMBBY)

Imperial Brands PLC (OTCMKTS:IMBBY) – Jefferies Group lifted their FY2018 earnings estimates for Imperial Brands in a report issued on Monday. Jefferies Group analyst O. Bennett now forecasts that the company will earn $3.68 per share for the year, up from their previous estimate of $3.50. Jefferies Group also issued estimates for Imperial Brands’ FY2019 earnings at $3.85 EPS, FY2020 earnings at $3.99 EPS and FY2021 earnings at $4.11 EPS.

Other analysts also recently issued reports about the stock. Piper Jaffray Companies downgraded shares of Imperial Brands from an “overweight” rating to a “neutral” rating in a report on Tuesday, February 13th. Zacks Investment Research upgraded shares of Imperial Brands from a “sell” rating to a “hold” rating in a research report on Thursday, January 18th. Finally, Morgan Stanley cut shares of Imperial Brands from an “overweight” rating to an “equal weight” rating in a research report on Monday, December 11th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Imperial Brands presently has an average rating of “Hold” and a consensus price target of $47.00.

Shares of Imperial Brands (OTCMKTS IMBBY) opened at $35.79 on Wednesday. Imperial Brands has a twelve month low of $35.30 and a twelve month high of $50.43. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.63 and a quick ratio of 0.30.

The business also recently disclosed a None dividend, which will be paid on Thursday, April 5th. Shareholders of record on Friday, February 23rd will be given a dividend of $0.802 per share. The ex-dividend date of this dividend is Thursday, February 22nd.

ILLEGAL ACTIVITY NOTICE: This piece was published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The correct version of this piece can be accessed at

Imperial Brands 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.

Receive News & Ratings for Imperial Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Brands and related companies with's FREE daily email newsletter.

Leave a Reply