Imperial Brands (LON:IMB) Receives Buy Rating from Liberum Capital

Imperial Brands (LON:IMB)‘s stock had its “buy” rating restated by analysts at Liberum Capital in a research report issued on Thursday, ThisIsMoney.Co.Uk reports.

A number of other equities analysts have also recently issued reports on the stock. Deutsche Bank restated a “buy” rating on shares of Imperial Brands in a research note on Thursday, March 28th. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 2,900 ($37.89) price objective on shares of Imperial Brands in a research note on Tuesday, May 7th. UBS Group restated a “neutral” rating on shares of Imperial Brands in a research note on Friday, May 3rd. Jefferies Financial Group restated a “buy” rating on shares of Imperial Brands in a research note on Tuesday, April 9th. Finally, Credit Suisse Group restated an “outperform” rating and issued a GBX 3,300 ($43.12) price objective on shares of Imperial Brands in a research note on Wednesday, May 1st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. Imperial Brands presently has an average rating of “Buy” and a consensus price target of GBX 3,029.29 ($39.58).

Shares of IMB stock opened at GBX 2,033.50 ($26.57) on Thursday. Imperial Brands has a 52-week low of GBX 1,861 ($24.32) and a 52-week high of GBX 3,009 ($39.32). The firm has a market capitalization of $19.09 billion and a PE ratio of 12.51. The company has a quick ratio of 0.32, a current ratio of 0.68 and a debt-to-equity ratio of 241.51.

In related news, insider Matthew Phillips sold 4,235 shares of the stock in a transaction dated Monday, March 18th. The shares were sold at an average price of GBX 2,640 ($34.50), for a total transaction of £111,804 ($146,091.73).

Imperial Brands Company Profile

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Lambert & Butler, Bastos, Fine, Winston, News, and Parker & Simpson; and specialist brands consisting of blu, Kool, Gitanes, Jade, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, Golden Virginia, and Drum in approximately 160 countries worldwide.

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Analyst Recommendations for Imperial Brands (LON:IMB)

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