Imperial Brands PLC (LON:IMB) Stock Has Consensus Target Price of GBX 3,433.33 According to Analysts

Shares of Imperial Brands PLC (LON:IMB) have received a consensus rating of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 3,433.33.

Several research analysts have recently weighed in on IMB shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 3,500 price target on shares of Imperial Brands in a research note on Friday. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 3,500 price objective on shares of Imperial Brands in a research report on Friday.

Imperial Brands Stock Performance

Shares of IMB opened at GBX 2,651.37 on Wednesday. The company has a market cap of £19.93 billion, a price-to-earnings ratio of 12.47, a P/E/G ratio of 16.51 and a beta of 0.13. The business’s fifty day simple moving average is GBX 2,540.46 and its two-hundred day simple moving average is GBX 2,730.04. Imperial Brands has a 12 month low of GBX 2,408 and a 12 month high of GBX 3,341. The company has a current ratio of 0.70, a quick ratio of 0.41 and a debt-to-equity ratio of 278.43.

About Imperial Brands