Credit Suisse Group set a GBX 3,350 ($43.77) target price on Imperial Brands (LON:IMB) in a research note issued to investors on Monday. The brokerage currently has a buy rating on the stock.

IMB has been the topic of several other research reports. Jefferies Financial Group increased their target price on Imperial Brands from GBX 3,600 ($47.04) to GBX 3,800 ($49.65) and gave the stock a buy rating in a research note on Wednesday, October 17th. UBS Group reissued a neutral rating on shares of Imperial Brands in a research note on Tuesday, November 6th. Royal Bank of Canada set a GBX 2,400 ($31.36) target price on Imperial Brands and gave the stock a sell rating in a research note on Monday, October 15th. JPMorgan Chase & Co. reissued a neutral rating and set a GBX 2,900 ($37.89) target price (up previously from GBX 2,700 ($35.28)) on shares of Imperial Brands in a research note on Wednesday, November 7th. Finally, Liberum Capital reissued a buy rating on shares of Imperial Brands in a research note on Tuesday, November 6th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 3,036.43 ($39.68).

IMB opened at GBX 2,646 ($34.57) on Monday. Imperial Brands has a 12-month low of GBX 2,447 ($31.97) and a 12-month high of GBX 3,956.50 ($51.70).

In related news, insider Oliver Tant purchased 5,391 shares of the business’s stock in a transaction on Friday, December 14th. The shares were bought at an average price of GBX 2,394 ($31.28) per share, for a total transaction of £129,060.54 ($168,640.45).

Imperial Brands Company Profile

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Lambert & Butler, Bastos, Fine, Winston, News, and Parker & Simpson; and specialist brands consisting of blu, Kool, Gitanes, Jade, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, Golden Virginia, and Drum in approximately 160 countries worldwide.

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Analyst Recommendations for Imperial Brands (LON:IMB)

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