Imperial Brands (LON:IMB) Reaches New 1-Year Low – Should You Sell?

Shares of Imperial Brands PLC (LON:IMB) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 2,454 and last traded at GBX 2,478, with a volume of 80382891 shares trading hands. The stock had previously closed at GBX 2,472.

Analyst Upgrades and Downgrades

IMB has been the topic of several analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 3,500 target price on shares of Imperial Brands in a research report on Tuesday. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,700 price objective on shares of Imperial Brands in a research note on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 3,500 price objective on shares of Imperial Brands in a report on Wednesday, May 13th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 3,433.33.

Imperial Brands Price Performance

The stock has a market cap of £18.68 billion, a PE ratio of 11.62, a P/E/G ratio of 16.51 and a beta of 0.13. The company has a debt-to-equity ratio of 278.43, a quick ratio of 0.41 and a current ratio of 0.70. The business has a 50 day moving average price of GBX 2,678.88 and a two-hundred day moving average price of GBX 2,844.39.

About Imperial Brands