Imperial Brands PLC (LON:IMB) has received an average recommendation of “Buy” from the sixteen analysts that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 3,961.67 ($52.11).

Several equities research analysts recently commented on IMB shares. Deutsche Bank AG reaffirmed a “buy” rating on shares of Imperial Brands PLC in a report on Monday, July 31st. J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 3,230 ($42.48) price target on shares of Imperial Brands PLC in a report on Friday, October 20th. Whitman Howard reissued a “buy” rating and set a GBX 5,100 ($67.08) target price on shares of Imperial Brands PLC in a research note on Monday, July 31st. Barclays PLC set a GBX 4,300 ($56.56) target price on Imperial Brands PLC and gave the stock a “buy” rating in a research note on Wednesday, September 6th. Finally, S&P Global set a GBX 4,200 ($55.24) target price on Imperial Brands PLC and gave the stock a “buy” rating in a research note on Friday, October 13th.

In related news, insider Simon Langelier purchased 31 shares of the company’s stock in a transaction that occurred on Monday, September 18th. The shares were purchased at an average price of GBX 3,258 ($42.85) per share, for a total transaction of £1,009.98 ($1,328.40).

Imperial Brands PLC (IMB) opened at GBX 3,135 ($41.23) on Thursday. Imperial Brands PLC has a 1 year low of GBX 3,019 ($39.71) and a 1 year high of GBX 3,956.50 ($52.04).

Imperial Brands PLC (LON:IMB) last released its earnings results on Tuesday, November 7th. The company reported GBX 267 ($3.51) earnings per share for the quarter, beating the consensus estimate of GBX 264.40 ($3.48) by GBX 2.60 ($0.03). Imperial Brands PLC had a return on equity of 25.54% and a net margin of 4.83%. The business had revenue of GBX 3,024.70 billion for the quarter.

The company also recently announced a dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, February 22nd will be given a dividend of GBX 59.51 ($0.78) per share. This represents a dividend yield of 1.87%. The ex-dividend date of this dividend is Thursday, February 22nd.

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About Imperial Brands PLC

Imperial Brands PLC, formerly Imperial Tobacco Group PLC, is a fast-moving consumer goods company. The Company offers a range of cigarettes, fine cut and smokeless tobaccos, papers and cigars. The Company’s segments include Growth Markets, USA, Returns Markets North, Returns Markets South and Logistics.

Analyst Recommendations for Imperial Brands PLC (LON:IMB)

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