Imperial Brands’ (IMB) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Imperial Brands (LON:IMB)‘s stock had its “buy” rating reissued by analysts at Deutsche Bank Aktiengesellschaft in a report released on Friday, Digital Look reports. They currently have a GBX 3,500 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 32.01% from the stock’s current price.

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,500 price objective on shares of Imperial Brands in a research note on Friday. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Imperial Brands presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,433.33.

Imperial Brands Stock Performance

Shares of LON IMB traded up GBX 37.37 during trading on Friday, hitting GBX 2,651.37. The company had a trading volume of 8,836,255 shares, compared to its average volume of 20,556,961. The stock has a 50 day simple moving average of GBX 2,540.46 and a 200 day simple moving average of GBX 2,731.99. The firm has a market capitalization of £19.93 billion, a P/E ratio of 12.47, a price-to-earnings-growth ratio of 16.51 and a beta of 0.13. Imperial Brands has a 12 month low of GBX 2,408 and a 12 month high of GBX 3,341. The company has a debt-to-equity ratio of 278.43, a quick ratio of 0.41 and a current ratio of 0.70.

About Imperial Brands