Imperial Brands (LON:IMB) Given Sector Perform Rating at Royal Bank Of Canada

Imperial Brands (LON:IMB)‘s stock had its “sector perform” rating reaffirmed by equities researchers at Royal Bank Of Canada in a research report issued on Wednesday,London Stock Exchange reports. They currently have a GBX 2,700 price target on the stock. Royal Bank Of Canada’s price objective would suggest a potential downside of 2.67% from the company’s previous close.

Other equities research analysts have also recently issued reports about the stock. Citigroup cut their price objective on shares of 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. UBS Group reissued a “neutral” rating and issued a GBX 3,150 price target on shares of Imperial Brands in a research note on Monday. Jefferies Financial Group restated a “buy” rating and issued a GBX 3,700 price target on shares of Imperial Brands in a report on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 3,500 price objective on shares of Imperial Brands in a research report on Wednesday, April 15th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 3,466.67.

Imperial Brands Stock Down 2.0%

Shares of LON IMB opened at GBX 2,774 on Wednesday. Imperial Brands has a 52-week low of GBX 2,648 and a 52-week high of GBX 3,341. The company has a debt-to-equity ratio of 207.21, a quick ratio of 0.41 and a current ratio of 0.74. The stock has a market cap of £21.49 billion, a P/E ratio of 11.13, a P/E/G ratio of 16.51 and a beta of 0.17. The firm has a 50 day moving average price of GBX 2,997.08 and a 200 day moving average price of GBX 3,099.97.

Imperial Brands (LON:IMB) last released its quarterly earnings data on Tuesday, May 12th. The company reported GBX 127.70 EPS for the quarter. The business had revenue of GBX 1,471.90 billion during the quarter. Imperial Brands had a net margin of 10.91% and a return on equity of 42.31%. Analysts expect that Imperial Brands will post 246.5723613 EPS for the current year.

Insider Buying and Selling at Imperial Brands

In other news, insider Lukas Paravicini sold 30,561 shares of the business’s stock in a transaction that occurred on Monday, February 16th. The stock was sold at an average price of GBX 3,219, for a total transaction of £983,758.59. Also, insider Murray McGowan sold 15,955 shares of the company’s stock in a transaction that occurred on Monday, February 16th. The shares were sold at an average price of GBX 3,230, for a total value of £515,346.50. Insiders own 0.46% of the company’s stock.

About Imperial Brands