Imperial Brands PLC (IMBBY) Rating Lowered to Neutral at UBS AG
Imperial Brands PLC (OTCMKTS:IMBBY) was downgraded by research analysts at UBS AG from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Monday.
Several other equities analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of Imperial Brands PLC from a “hold” rating to a “sell” rating in a report on Monday, September 18th. 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. Finally, J P Morgan Chase & Co reissued a “neutral” rating on shares of Imperial Brands PLC in a report on Wednesday, September 27th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Imperial Brands PLC presently has an average rating of “Buy” and an average price target of $51.42.
Imperial Brands PLC (IMBBY) opened at $41.32 on Monday. Imperial Brands PLC has a 1-year low of $40.03 and a 1-year high of $50.43.
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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.
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