Imperial Brands (LON:IMB) Reaches New 12-Month Low – Here’s What Happened

Imperial Brands PLC (LON:IMB)’s stock price hit a new 52-week low on Monday . The stock traded as low as GBX 2,589.43 and last traded at GBX 2,595, with a volume of 3762434 shares. The stock had previously closed at GBX 2,606.92.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on IMB. UBS Group restated a “neutral” rating and set a GBX 3,150 target price on shares of Imperial Brands in a research report on Monday, May 11th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,500 price target on shares of Imperial Brands in a research report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 3,500 price target on shares of Imperial Brands in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 2,700 price objective on shares of Imperial Brands in a research report on Wednesday, May 13th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Imperial Brands presently has an average rating of “Moderate Buy” and an average price target of GBX 3,433.33.

Imperial Brands Trading Down 0.9%

The stock has a 50 day moving average of GBX 2,763.52 and a 200-day moving average of GBX 2,924.31. The company has a market capitalization of £19.83 billion, a P/E ratio of 12.15, a P/E/G ratio of 16.51 and a beta of 0.14. The company has a current ratio of 0.70, a quick ratio of 0.41 and a debt-to-equity ratio of 278.43.

Imperial Brands Company Profile