Imperial Brands PLC (IMT) Given Conviction-Buy Rating at Goldman Sachs Group, Inc. (The)
Goldman Sachs Group, Inc. (The) reiterated their conviction-buy rating on shares of Imperial Brands PLC (LON:IMT) in a report issued on Thursday morning, StockTargetPrices.com reports. Goldman Sachs Group, Inc. (The) currently has a GBX 4,000 ($53.93) price objective on the stock.
Several other equities research analysts also recently weighed in on IMT. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 4,100 ($55.28) price objective on shares of Imperial Brands PLC in a report on Thursday, June 22nd. J P Morgan Chase & Co upped their price objective on shares of Imperial Brands PLC from GBX 3,640 ($49.08) to GBX 3,770 ($50.83) and gave the stock a neutral rating in a report on Thursday, June 22nd. Citigroup Inc. set a GBX 3,800 ($51.23) price objective on shares of Imperial Brands PLC and gave the stock a neutral rating in a report on Wednesday, June 28th. Berenberg Bank reduced their price objective on shares of Imperial Brands PLC from GBX 4,200 ($56.63) to GBX 4,050 ($54.60) and set a buy rating for the company in a report on Friday, June 30th. Finally, Whitman Howard reaffirmed a buy rating and issued a GBX 5,100 ($68.76) price objective on shares of Imperial Brands PLC in a report on Thursday, July 20th. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of Buy and an average target price of GBX 4,180 ($56.36).
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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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