Shares of Imperial Brands PLC (NASDAQ:IMBBY) have received an average rating of “Buy” from the eight research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $47.00.

A number of research analysts have recently commented on the stock. Zacks Investment Research raised shares of Imperial Brands PLC from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research report on Tuesday. Piper Jaffray Companies began coverage on shares of Imperial Brands PLC in a report on Thursday, May 25th. They issued an “overweight” rating on the stock. Finally, Royal Bank Of Canada raised shares of Imperial Brands PLC from a “sector perform” rating to an “outperform” rating in a report on Monday, August 21st.

Shares of Imperial Brands PLC (NASDAQ IMBBY) opened at 42.10 on Tuesday. The firm has a 50-day moving average of $43.81 and a 200 day moving average of $46.92. Imperial Brands PLC has a 52 week low of $41.43 and a 52 week high of $54.91. The company has a market cap of $40.18 billion and a P/E ratio of 30.49.

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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 (NASDAQ:IMBBY)

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