Jefferies Financial Group Reiterates “Buy” Rating for Imperial Brands (LON:IMB)

Imperial Brands (LON:IMB)‘s stock had its “buy” rating reaffirmed by equities researchers at Jefferies Financial Group in a research note issued on Tuesday, Digital Look reports. They presently have a GBX 3,500 price objective on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 41.70% from the company’s previous close.

Several other equities analysts also recently commented on IMB. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 2,700 price target on shares of Imperial Brands in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 3,500 price objective on shares of Imperial Brands in a research note on Wednesday, May 13th. Finally, UBS Group reiterated a “neutral” rating and issued a GBX 3,150 target price on shares of Imperial Brands in a research note on Monday, May 11th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 3,433.33.

Imperial Brands Stock Down 0.1%

Shares of IMB stock opened at GBX 2,470 on Tuesday. The stock’s 50 day simple moving average is GBX 2,685 and its 200 day simple moving average is GBX 2,849.79. Imperial Brands has a twelve month low of GBX 2,459 and a twelve month high of GBX 3,341. 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 price-to-earnings ratio of 11.62, a PEG ratio of 16.51 and a beta of 0.13.

Imperial Brands Company Profile