Imperial Brands PLC (LON:IMB) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Imperial Brands PLC (LON:IMBGet Free Report) have earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 2,171 ($27.42).

A number of research firms have recently commented on IMB. JPMorgan Chase & Co. lowered their target price on Imperial Brands from GBX 2,350 ($29.68) to GBX 2,250 ($28.42) and set an “overweight” rating on the stock in a research note on Monday, November 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 2,325 ($29.36) price objective on shares of Imperial Brands in a research note on Wednesday, November 15th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Imperial Brands in a research note on Wednesday, November 15th.

Get Our Latest Stock Analysis on Imperial Brands

Imperial Brands Trading Down 0.3 %

LON IMB opened at GBX 1,890.50 ($23.88) on Tuesday. The stock has a market capitalization of £16.62 billion, a price-to-earnings ratio of 755.38, a PEG ratio of 16.20 and a beta of 0.42. Imperial Brands has a one year low of GBX 1,553.50 ($19.62) and a one year high of GBX 2,084 ($26.32). The company has a debt-to-equity ratio of 157.30, a current ratio of 0.72 and a quick ratio of 0.41. The business’s fifty day moving average is GBX 1,855.72 and its 200-day moving average is GBX 1,799.42.

Imperial Brands Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 28th. Shareholders of record on Thursday, February 15th will be issued a dividend of GBX 51.82 ($0.65) per share. This represents a yield of 2.9%. The ex-dividend date of this dividend is Thursday, February 15th. This is a positive change from Imperial Brands’s previous dividend of $21.59. Imperial Brands’s payout ratio is presently 5,856.57%.

Insider Buying and Selling at Imperial Brands

In related news, insider Diane de Saint Victor bought 6,000 shares of Imperial Brands stock in a transaction on Monday, December 4th. The stock was acquired at an average price of GBX 1,885 ($23.81) per share, with a total value of £113,100 ($142,839.10). Insiders own 6.45% of the company’s stock.

About Imperial Brands

(Get Free Report

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West, Winston, Kool, Lambert & Butler, Fortuna, Nobel, News, Backwoods, Champion, Golden Virginia, Rizla, Blu, Pulze, Skruf, and Zone X.

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Analyst Recommendations for Imperial Brands (LON:IMB)

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