Imperial Brands’ (IMB) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their buy rating on shares of Imperial Brands (LON:IMB) in a research report report published on Wednesday morning, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a GBX 3,500 target price on the stock.

Other research analysts also recently issued reports about the stock. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 2,700 target price on shares of Imperial Brands in a research report on Wednesday. Jefferies Financial Group reissued a “buy” rating and set a GBX 3,500 price objective on shares of Imperial Brands in a report on Wednesday. Citigroup decreased their target price 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. Finally, UBS Group restated a “neutral” rating and issued a GBX 3,150 target price on shares of Imperial Brands in a research note on Monday, May 11th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Imperial Brands currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,433.33.

Imperial Brands Stock Performance

IMB stock opened at GBX 2,855.83 on Wednesday. The company has a quick ratio of 0.41, a current ratio of 0.70 and a debt-to-equity ratio of 278.43. The firm has a market cap of £22.13 billion, a PE ratio of 11.46, a P/E/G ratio of 16.51 and a beta of 0.17. The business has a 50 day moving average of GBX 2,972.27 and a 200-day moving average of GBX 3,095.75. Imperial Brands has a 12-month low of GBX 2,667 and a 12-month high of GBX 3,341.

Imperial Brands (LON:IMB) last announced its earnings results on Tuesday, May 12th. The company reported GBX 127.70 earnings per share (EPS) for the quarter. The firm 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, sell-side analysts expect that Imperial Brands will post 246.5723613 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Alan Johnson purchased 645 shares of the business’s stock in a transaction on Friday, April 10th. The stock was purchased at an average cost of GBX 3,097 per share, with a total value of £19,975.65. Also, insider Lukas Paravicini sold 30,561 shares of the business’s stock in a transaction on Monday, February 16th. The shares were sold at an average price of GBX 3,219, for a total transaction of £983,758.59. Corporate insiders own 0.46% of the company’s stock.

About Imperial Brands