Imperial Brands (LON:IMB)‘s stock had its “neutral” rating reiterated by equities research analysts at J P Morgan Chase & Co in a research note issued to investors on Tuesday.
Several other brokerages have also recently commented on IMB. Whitman Howard reiterated a “buy” rating and issued a GBX 5,100 ($68.64) target price on shares of Imperial Brands in a report on Friday, September 15th. Credit Suisse Group reissued an “outperform” rating and issued a GBX 4,150 ($55.85) price target on shares of Imperial Brands in a research report on Monday, September 11th. Barclays reissued an “overweight” rating and issued a GBX 4,300 ($57.87) price target on shares of Imperial Brands in a research report on Monday, September 25th. Beaufort Securities restated a “long term buy” rating and issued a GBX 3,450 ($46.43) price objective on shares of Imperial Brands in a research note on Tuesday, November 7th. Finally, S&P Global set a GBX 4,200 ($56.53) price target on Imperial Brands and gave the stock a “buy” rating in a research note on Friday, October 13th. Three investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Imperial Brands presently has a consensus rating of “Buy” and a consensus price target of GBX 3,910.31 ($52.63).
Shares of Imperial Brands (IMB) traded down GBX 9.38 ($0.13) during mid-day trading on Tuesday, reaching GBX 3,075.50 ($41.39). 959,727 shares of the company’s stock traded hands, compared to its average volume of 2,560,000. Imperial Brands has a 52-week low of GBX 3,013 ($40.55) and a 52-week high of GBX 3,956.50 ($53.25).
In related news, insider Simon Langelier purchased 31 shares of Imperial Brands stock in a transaction that occurred on Monday, September 18th. The shares were acquired at an average cost of GBX 3,258 ($43.85) per share, for a total transaction of £1,009.98 ($1,359.33).
About Imperial Brands
Imperial Brands PLC, formerly Imperial Tobacco Group PLC, is a fast-moving consumer goods company. The Company offers a range of cigarettes, fine cut and smokeless tobaccos, papers and cigars. The Company’s segments include Growth Markets, USA, Returns Markets North, Returns Markets South and Logistics.
Receive News & Ratings for Imperial Brands PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Brands PLC and related companies with MarketBeat.com's FREE daily email newsletter.