Imperial Brands PLC (LON:IMB) Given Consensus Recommendation of “Moderate Buy” by Analysts

Imperial Brands PLC (LON:IMB) has been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 3,433.33.

Several brokerages have recently commented on IMB. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 3,500 target price on shares of Imperial Brands in a research report on Wednesday, May 13th. Citigroup reduced their price objective on Imperial Brands from GBX 3,650 to GBX 3,550 and set a “buy” rating for the company in a research report on Wednesday, April 15th. UBS Group restated a “neutral” rating and set a GBX 3,150 price objective on shares of Imperial Brands in a research report on Monday, May 11th. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,700 price objective on shares of Imperial Brands in a research report on Wednesday, May 13th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 3,500 price objective on shares of Imperial Brands in a research report on Thursday, May 28th.

Insider Transactions at Imperial Brands

In related news, insider Alan Johnson acquired 645 shares of Imperial Brands stock in a transaction that occurred on Friday, April 10th. The stock was acquired at an average price of GBX 3,097 per share, for a total transaction of £19,975.65. 0.46% of the stock is owned by corporate insiders.

Imperial Brands Price Performance

Shares of IMB opened at GBX 2,687 on Thursday. The firm has a market cap of £20.82 billion, a price-to-earnings ratio of 10.78, a PEG ratio of 16.51 and a beta of 0.17. The stock has a 50 day moving average of GBX 2,880.05 and a 200-day moving average of GBX 3,065.93. The company has a current ratio of 0.70, a quick ratio of 0.41 and a debt-to-equity ratio of 278.43. Imperial Brands has a 52 week low of GBX 2,626 and a 52 week high of GBX 3,341.

Imperial Brands (LON:IMB) last issued its earnings results on Tuesday, May 12th. The company reported GBX 127.70 EPS for the quarter. The company had revenue of GBX 1,471.90 billion during the quarter. Imperial Brands had a return on equity of 39.24% and a net margin of 8.96%. As a group, analysts forecast that Imperial Brands will post 246.5723613 EPS for the current year.

About Imperial Brands