Imperial Brands PLC (LON:IMB)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group LLC in a research report issued to clients and investors on Friday. They currently have a GBX 3,600 ($47.35) price objective on the stock. Jefferies Group LLC’s price objective points to a potential upside of 18.07% from the company’s previous close.

Several other research analysts also recently commented on the company. Whitman Howard reaffirmed a “buy” rating and set a GBX 5,100 ($67.08) target price on shares of Imperial Brands PLC in a report on Thursday, July 20th. 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 set a GBX 3,770 ($49.59) target price on shares of Imperial Brands PLC in a report on Monday, July 31st. The Goldman Sachs Group, Inc. cut their target price on Imperial Brands PLC from GBX 4,370 ($57.48) to GBX 4,000 ($52.61) and set a “conviction-buy” rating on the stock in a report on Thursday, August 3rd. Finally, Citigroup Inc. set a GBX 3,800 ($49.98) target price on Imperial Brands PLC and gave the stock a “neutral” rating in a report on Thursday, August 3rd. Three analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 3,926.56 ($51.64).

Shares of Imperial Brands PLC (LON:IMB) opened at GBX 3,049 ($40.10) on Friday. Imperial Brands PLC has a 52-week low of GBX 3,019 ($39.71) and a 52-week high of GBX 3,956.50 ($52.04).

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

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In other news, insider Simon Langelier bought 31 shares of the firm’s stock in a transaction that occurred on Monday, September 18th. The stock was acquired at an average cost of GBX 3,258 ($42.85) per share, with a total value of £1,009.98 ($1,328.40).

Imperial Brands PLC Company Profile

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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