Imperial Brands’ (IMB) “Overweight” Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their overweight rating on shares of Imperial Brands (LON:IMB) in a research note issued to investors on Friday morning, Marketbeat Ratings reports.

Imperial Brands Trading Down 0.6%

LON IMB opened at GBX 3,040 on Friday. The company has a debt-to-equity ratio of 166.91, a current ratio of 0.72 and a quick ratio of 0.41. The firm’s fifty day moving average price is GBX 3,075.84 and its 200 day moving average price is GBX 2,952.74. The company has a market capitalization of £24.52 billion, a price-to-earnings ratio of 1,014.69, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42. Imperial Brands has a 12 month low of GBX 2,139 and a 12 month high of GBX 3,213.

Insider Buying and Selling

In other Imperial Brands news, insider Alan Johnson acquired 600 shares of the company’s stock in a transaction on Thursday, September 18th. The shares were bought at an average cost of GBX 3,066 per share, for a total transaction of £18,396. Corporate insiders own 0.42% of the company’s stock.

Imperial Brands Company Profile

We are Imperial Brands, a global consumer-focused organisation and the fourth largest international tobacco company.

We’re driven by our purpose: to forge a path to a healthier future for moments of relaxation and pleasure. The world’s one billion adult smokers are seeking new and potentially less harmful products and we are committed to meeting their diverse and evolving needs.