Imperial Brands PLC (LON:IMB)‘s stock had its “buy” rating restated by equities research analysts at Goldman Sachs Group, Inc. (The) in a research report issued on Thursday. They currently have a GBX 4,000 ($53.93) price target on the stock. Goldman Sachs Group, Inc. (The)’s price objective suggests a potential upside of 23.93% from the stock’s current price.

Other equities analysts also recently issued research reports about the company. Whitman Howard restated a “buy” rating and issued a GBX 5,100 ($68.76) target price on shares of Imperial Brands PLC in a research note on Thursday. Jefferies Group LLC cut their target price on Imperial Brands PLC from GBX 4,200 ($56.63) to GBX 4,100 ($55.28) and set a “buy” rating on the stock in a research note on Wednesday, September 6th. Deutsche Bank AG restated a “buy” rating and issued a GBX 4,100 ($55.28) target price on shares of Imperial Brands PLC in a research note on Thursday, June 22nd. Berenberg Bank cut their target price on Imperial Brands PLC from GBX 4,200 ($56.63) to GBX 4,050 ($54.60) and set a “buy” rating on the stock in a research note on Friday, June 30th. Finally, Citigroup Inc. restated a “neutral” rating and issued a GBX 3,800 ($51.23) target price on shares of Imperial Brands PLC in a research note on Wednesday, June 28th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 4,164.17 ($56.14).

Shares of Imperial Brands PLC (LON:IMB) opened at 3227.50 on Thursday. The firm has a 50-day moving average price of GBX 3,236.59 and a 200 day moving average price of GBX 3,563.37. Imperial Brands PLC has a 1-year low of GBX 3,112.50 and a 1-year high of GBX 4,128.50. The company’s market cap is GBX 30.80 billion.

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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 ($43.93) per share, for a total transaction of £1,009.98 ($1,361.71).

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)

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