Liberum Capital reiterated their buy rating on shares of Imperial Brands (LON:IMB) in a research note issued to investors on Monday morning, ThisIsMoney.Co.Uk reports.
IMB has been the subject of a number of other reports. Morgan Stanley began coverage on shares of in a research note on Monday, June 17th. They set an equal weight rating and a GBX 215 ($2.81) target price for the company. JPMorgan Chase & Co. reiterated a sell rating and set a $60.00 target price on shares of Bayerische Motoren Werke in a research note on Tuesday, May 7th. Credit Suisse Group reiterated an outperform rating and set a GBX 2,012 ($26.29) target price on shares of Aston Martin Lagonda Global in a research note on Wednesday, May 1st. Jefferies Financial Group boosted their target price on shares of EXACT Sciences from $100.00 to $115.00 and gave the company a buy rating in a research note on Wednesday, May 1st. Finally, Barclays reiterated an overweight rating and set a GBX 3,150 ($41.16) target price on shares of in a research note on Wednesday, June 5th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of Hold and an average target price of GBX 2,836.82 ($37.07).
Shares of IMB opened at GBX 2,030.50 ($26.53) on Monday. The stock has a market cap of $19.43 billion and a price-to-earnings ratio of 12.50. The company has a debt-to-equity ratio of 241.51, a quick ratio of 0.32 and a current ratio of 0.68. The company’s fifty day moving average is GBX 1,959.32. Imperial Brands has a 1-year low of GBX 1,821.40 ($23.80) and a 1-year high of GBX 3,009 ($39.32).
About Imperial Brands
Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Lambert & Butler, Bastos, Fine, Winston, News, and Parker & Simpson; and specialist brands consisting of blu, Kool, Gitanes, Jade, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, Golden Virginia, and Drum in approximately 160 countries worldwide.
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