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

Shares of Imperial Brands PLC (LON:IMB) have received a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 3,433.33.

Several brokerages recently commented on IMB. UBS Group reissued a “neutral” rating and set a GBX 3,150 price target on shares of Imperial Brands in a research report on Monday, May 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 3,500 target price on shares of Imperial Brands in a report on Wednesday, May 13th. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 2,700 price target on shares of Imperial Brands in a report on Wednesday, May 13th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 3,500 price target on shares of Imperial Brands in a research note on Thursday, May 28th.

Imperial Brands Stock Performance

Shares of IMB stock opened at GBX 2,525 on Tuesday. The company’s fifty day simple moving average is GBX 2,734.41 and its 200-day simple moving average is GBX 2,902.30. Imperial Brands has a 12 month low of GBX 2,476 and a 12 month high of GBX 3,341. The company has a quick ratio of 0.41, a current ratio of 0.70 and a debt-to-equity ratio of 278.43. The firm has a market cap of £19.37 billion, a PE ratio of 11.88, a P/E/G ratio of 16.51 and a beta of 0.14.

About Imperial Brands