Imperial Brands PLC (IMB) PT Set at GBX 3,300 by UBS AG

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).

Imperial Brands PLC (LON:IMB) last announced its earnings results on Tuesday, November 7th. The company reported GBX 267 ($3.51) earnings per share for the quarter, beating the consensus estimate of GBX 264.40 ($3.48) by GBX 2.60 ($0.03). The business had revenue of GBX 3,024.70 billion during the quarter. Imperial Brands PLC had a net margin of 4.83% and a return on equity of 25.54%.

COPYRIGHT VIOLATION WARNING: “Imperial Brands PLC (IMB) PT Set at GBX 3,300 by UBS AG” was first posted by Markets Daily and is owned by of Markets Daily. If you are accessing this news story on another site, it was illegally copied and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this news story can be read at https://www.themarketsdaily.com/2017/11/15/imperial-brands-plc-imb-pt-set-at-gbx-3300-by-ubs-ag.html.

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.

Analyst Recommendations for Imperial Brands PLC (LON:IMB)

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.

Latest News

Leave a Reply