Whitman Howard Reiterates “Buy” Rating for Imperial Brands PLC (IMT)
Imperial Brands PLC (LON:IMT)‘s stock had its “buy” rating restated by Whitman Howard in a research note issued on Friday. They currently have a GBX 5,100 ($65.87) price objective on the stock. Whitman Howard’s price objective would indicate a potential upside of 38.66% from the company’s previous close.
A number of other equities analysts also recently weighed in on the stock. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 4,150 ($53.60) target price on shares of Imperial Brands PLC in a research note on Monday, September 11th. J P Morgan Chase & Co raised their target price on shares of Imperial Brands PLC from GBX 3,600 ($46.49) to GBX 3,770 ($48.69) and gave the company a “neutral” rating in a research note on Wednesday, August 23rd. Royal Bank Of Canada raised shares of Imperial Brands PLC to an “outperform” rating and raised their target price for the company from GBX 3,500 ($45.20) to GBX 3,600 ($46.49) in a research note on Monday, August 21st. Berenberg Bank decreased their target price on shares of Imperial Brands PLC from GBX 4,200 ($54.24) to GBX 4,050 ($52.31) and set a “buy” rating for the company in a research note on Friday, June 30th. Finally, Goldman Sachs Group, Inc. (The) decreased their target price on shares of Imperial Brands PLC from GBX 4,370 ($56.44) to GBX 4,000 ($51.66) and set a “conviction-buy” rating for the company in a research note on Thursday, August 3rd. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Imperial Brands PLC currently has an average rating of “Buy” and an average price target of GBX 4,180 ($53.98).
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About Imperial Brands PLC
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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