Imperial Brands (LON:IMB) received a GBX 4,500 ($63.10) price objective from equities research analysts at Societe Generale in a note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock. Societe Generale’s price objective points to a potential upside of 70.62% from the stock’s current price.

IMB has been the topic of a number of other reports. Goldman Sachs Group set a GBX 3,670 ($51.46) target price on Imperial Brands and gave the stock a “buy” rating in a report on Monday, January 22nd. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 3,230 ($45.29) target price on shares of Imperial Brands in a report on Friday, October 20th. Beaufort Securities reiterated a “long term buy” rating and issued a GBX 3,450 ($48.37) target price on shares of Imperial Brands in a report on Tuesday, November 7th. S&P Global set a GBX 4,200 ($58.89) target price on Imperial Brands and gave the stock a “buy” rating in a report on Friday, October 13th. Finally, Berenberg Bank dropped their price objective on Imperial Brands from GBX 3,780 ($53.00) to GBX 3,765 ($52.79) and set a “buy” rating on the stock in a research note on Wednesday, December 13th. Four research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Imperial Brands has an average rating of “Buy” and a consensus price target of GBX 3,868.24 ($54.24).

Imperial Brands (IMB) opened at GBX 2,637.50 ($36.98) on Thursday. Imperial Brands has a twelve month low of GBX 2,593.32 ($36.36) and a twelve month high of GBX 3,956.50 ($55.48). The stock has a market capitalization of $25,150.00 and a price-to-earnings ratio of 1,794.22.

Imperial Brands (LON:IMB) last issued its earnings results on Tuesday, November 7th. The company reported GBX 267 ($3.74) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of GBX 264.40 ($3.71) by GBX 2.60 ($0.04). Imperial Brands had a return on equity of 26.82% and a net margin of 4.75%. The company had revenue of GBX 3,024.70 billion for the quarter.

In other Imperial Brands news, insider Mark Williamson bought 7,876 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The stock was purchased at an average cost of GBX 3,149 ($44.15) per share, with a total value of £248,015.24 ($347,749.92).

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Imperial Brands 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 (LON:IMB)

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