Imperial Brands PLC (LON:IMB) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Imperial Brands PLC (LON:IMB) have received an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 3,433.33.

IMB has been the topic of several recent analyst reports. UBS Group reaffirmed a “neutral” rating and set a GBX 3,150 target price on shares of Imperial Brands in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 3,500 target price on shares of Imperial Brands in a research note on Wednesday, May 13th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 3,500 target price on shares of Imperial Brands in a research note on Thursday, May 28th. Citigroup lowered their price target on Imperial Brands from GBX 3,650 to GBX 3,550 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 2,700 price objective on shares of Imperial Brands in a report on Wednesday, May 13th.

Imperial Brands Stock Down 0.4%

Shares of Imperial Brands stock opened at GBX 2,687 on Thursday. The business’s fifty day moving average price is GBX 2,880.05 and its two-hundred day moving average price is GBX 3,065.93. The company has a debt-to-equity ratio of 278.43, a current ratio of 0.70 and a quick ratio of 0.41. The company has a market capitalization of £20.82 billion, a P/E ratio of 10.78, a PEG ratio of 16.51 and a beta of 0.17. Imperial Brands has a 1-year low of GBX 2,626 and a 1-year 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 for the quarter. The firm had revenue of GBX 1,471.90 billion for the quarter. Imperial Brands had a return on equity of 39.24% and a net margin of 8.96%. As a group, research analysts forecast that Imperial Brands will post 246.5723613 EPS for the current year.

Insider Buying and Selling at Imperial Brands

In other news, insider Alan Johnson acquired 645 shares of the business’s stock in a transaction dated 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 currently owned by company insiders.

About Imperial Brands