Imperial Brands (LON:IMB) Reaches New 1-Year Low – Should You Sell?

Shares of Imperial Brands PLC (LON:IMBGet Free Report) reached a new 52-week low on Wednesday . The stock traded as low as GBX 2,454 and last traded at GBX 2,478, with a volume of 80382891 shares traded. The stock had previously closed at GBX 2,472.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on IMB shares. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,500 target price on shares of Imperial Brands in a report on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 3,500 target price on shares of Imperial Brands in a research report on Wednesday, May 13th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 2,700 price target on shares of Imperial Brands in a report on Wednesday, May 13th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,433.33.

Check Out Our Latest Analysis on IMB

Imperial Brands Trading Down 0.3%

The business has a fifty day moving average of GBX 2,678.88 and a 200-day moving average of GBX 2,844.39. The company has a debt-to-equity ratio of 278.43, a quick ratio of 0.41 and a current ratio of 0.70. The company has a market capitalization of £18.68 billion, a P/E ratio of 11.62, a PEG ratio of 16.51 and a beta of 0.13.

About Imperial Brands

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