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.
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.
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.
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