Imperial Brands (LON:IMB)‘s stock had its “neutral” rating reissued by investment analysts at Citigroup in a note issued to investors on Tuesday. They presently have a GBX 2,850 ($39.38) price target on the stock. Citigroup’s target price points to a potential upside of 8.20% from the company’s current price.
A number of other research analysts also recently issued reports on the company. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 3,230 ($44.63) price objective on shares of Imperial Brands in a report on Friday, October 20th. UBS Group set a GBX 3,140 ($43.38) price objective on Imperial Brands and gave the stock a “neutral” rating in a report on Monday, January 22nd. Goldman Sachs Group set a GBX 3,740 ($51.67) price objective on Imperial Brands and gave the stock a “buy” rating in a report on Monday, December 11th. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 3,400 ($46.97) price objective on shares of Imperial Brands in a report on Wednesday, November 29th. Finally, Jefferies Group reiterated a “buy” rating and set a GBX 3,600 ($49.74) price objective on shares of Imperial Brands in a report on Friday, November 17th. Four investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 3,824.12 ($52.83).
Imperial Brands (IMB) opened at GBX 2,634 ($36.39) on Tuesday. The stock has a market capitalization of $25,030.00 and a PE ratio of 1,791.84. Imperial Brands has a fifty-two week low of GBX 2,593.32 ($35.83) and a fifty-two week high of GBX 3,956.50 ($54.66).
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Imperial Brands 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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