Imperial Brands PLC (LON:IMB) has been given a GBX 3,300 ($43.40) target price by UBS AG in a note issued to investors on Monday. The firm currently has a “neutral” rating on the stock. UBS AG’s target price suggests a potential upside of 6.83% from the stock’s current price.
Several other research analysts also recently weighed in on IMB. Whitman Howard restated a “buy” rating and issued a GBX 5,100 ($67.08) target price on shares of Imperial Brands PLC in a research note on Thursday, July 20th. Deutsche Bank AG reiterated a “buy” rating on shares of Imperial Brands PLC in a research note on Monday, July 31st. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 3,770 ($49.59) price objective on shares of Imperial Brands PLC in a research note on Monday, July 31st. Goldman Sachs Group, Inc. (The) reduced their price objective on shares of Imperial Brands PLC from GBX 4,370 ($57.48) to GBX 4,000 ($52.61) and set a “conviction-buy” rating on the stock in a research note on Thursday, August 3rd. Finally, Citigroup Inc. set a GBX 3,800 ($49.98) price objective on shares of Imperial Brands PLC and gave the company a “neutral” rating in a research note on Thursday, August 3rd. Three equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 3,926.56 ($51.64).
Imperial Brands PLC (IMB) opened at GBX 3,089 ($40.63) on Monday. Imperial Brands PLC has a 52 week low of GBX 3,019 ($39.71) and a 52 week high of GBX 3,956.50 ($52.04).
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In other news, insider Simon Langelier acquired 31 shares of the company’s stock in a transaction that occurred on Monday, September 18th. The shares were acquired at an average price of GBX 3,258 ($42.85) per share, with a total value of £1,009.98 ($1,328.40).
Imperial Brands PLC Company Profile
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.
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