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

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

IMB has been the topic of several research reports. Citigroup cut their target price 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. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,500 target price on shares of Imperial Brands in a research report on Thursday, May 28th. UBS Group reaffirmed a “neutral” rating and issued a GBX 3,150 target price on shares of Imperial Brands in a research report on Monday, May 11th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 2,700 price target on shares of Imperial Brands in a report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 3,500 price target on shares of Imperial Brands in a report on Wednesday, May 13th.

Insider Transactions at Imperial Brands

In related news, insider Alan Johnson purchased 645 shares of the stock in a transaction that occurred on Friday, April 10th. The stock was purchased at an average cost of GBX 3,097 per share, for a total transaction of £19,975.65. Corporate insiders own 0.47% of the company’s stock.

Imperial Brands Trading Down 1.2%

Shares of IMB opened at GBX 2,755 on Monday. The company has a current ratio of 0.70, a quick ratio of 0.41 and a debt-to-equity ratio of 278.43. The firm has a market capitalization of £21.27 billion, a P/E ratio of 12.96, a price-to-earnings-growth ratio of 16.51 and a beta of 0.15. The stock’s fifty day simple moving average is GBX 2,778.61 and its 200 day simple moving average is GBX 3,009.73. Imperial Brands has a twelve month low of GBX 2,626 and a twelve month high of GBX 3,341.

Imperial Brands (LON:IMB) last issued its earnings results on Tuesday, May 12th. The company reported GBX 127.70 earnings per share for the quarter. The business 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%. On average, equities research analysts forecast that Imperial Brands will post 246.5723613 earnings per share for the current year.

Imperial Brands Company Profile