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

Shares of Imperial Brands PLC (LON:IMB) have been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 3,530.

IMB has been the subject of several research analyst reports. Citigroup reduced their price objective on Imperial Brands from GBX 3,650 to GBX 3,550 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 3,500 price objective on shares of Imperial Brands in a research note on Wednesday, April 15th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,700 price objective on shares of Imperial Brands in a research note on Wednesday, April 15th.

Insider Transactions at Imperial Brands

In other news, insider Alan Johnson purchased 645 shares of the business’s stock in a transaction dated Friday, April 10th. The stock was bought at an average cost of GBX 3,097 per share, with a total value of £19,975.65. Also, insider Murray McGowan sold 15,955 shares of the firm’s stock in a transaction dated Monday, February 16th. The stock was sold at an average price of GBX 3,230, for a total value of £515,346.50. Company insiders own 0.46% of the company’s stock.

Imperial Brands Stock Down 1.5%

Shares of Imperial Brands stock opened at GBX 2,730.50 on Friday. The stock has a 50-day moving average price of GBX 3,029.21 and a 200 day moving average price of GBX 3,104.71. The company has a market cap of £21.15 billion, a P/E ratio of 10.95, a P/E/G ratio of 16.51 and a beta of 0.17. The company has a current ratio of 0.74, a quick ratio of 0.41 and a debt-to-equity ratio of 207.21. Imperial Brands has a 1 year low of GBX 2,648 and a 1 year high of GBX 3,341.

Imperial Brands Company Profile