Imperial Brands (LON:IMB) Sets New 52-Week Low – Here’s What Happened

Imperial Brands PLC (LON:IMB)’s share price reached a new 52-week low during trading on Friday. The stock traded as low as GBX 2,434 and last traded at GBX 2,438, with a volume of 4684789 shares. The stock had previously closed at GBX 2,475.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,500 price target on shares of Imperial Brands in a report on Tuesday, September 8th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,433.33.

Imperial Brands Stock Down 0.1%

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 stock has a 50-day simple moving average of GBX 2,616.36 and a two-hundred day simple moving average of GBX 2,780.03. The firm has a market cap of £18.70 billion, a PE ratio of 11.63, a P/E/G ratio of 16.51 and a beta of 0.13.

Imperial Brands Company Profile