Imperial Brands (LON:IMB) Stock Rating Reaffirmed by Jefferies Financial Group

Imperial Brands (LON:IMB)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. They currently have a GBX 1,810 ($22.36) price objective on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 0.25% from the company’s previous close.

Imperial Brands Price Performance

IMB stock opened at GBX 1,805.50 ($22.30) on Monday. The firm has a 50 day moving average of GBX 1,749.10 and a 200-day moving average of GBX 1,797.77. The company has a current ratio of 0.72, a quick ratio of 0.41 and a debt-to-equity ratio of 157.30. Imperial Brands has a 12 month low of GBX 1,553.50 ($19.19) and a 12 month high of GBX 2,016 ($24.90). The firm has a market capitalization of £15.65 billion, a P/E ratio of 728.02, a price-to-earnings-growth ratio of 16.39 and a beta of 0.42.

Insider Buying and Selling

In other Imperial Brands news, insider Lukas Paravicini sold 57,407 shares of the business’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of GBX 1,825 ($22.54), for a total transaction of £1,047,677.75 ($1,294,068.37). In other news, insider Stefan Bomhard sold 140,219 shares of the company’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of GBX 1,843 ($22.76), for a total transaction of £2,584,236.17 ($3,191,991.32). Also, insider Lukas Paravicini sold 57,407 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of GBX 1,825 ($22.54), for a total transaction of £1,047,677.75 ($1,294,068.37). 7.16% of the stock is owned by insiders.

About Imperial Brands

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West, Winston, Kool, Lambert & Butler, Fortuna, Nobel, News, Backwoods, Champion, Golden Virginia, Rizla, Blu, Pulze, Skruf, and Zone X.