Imperial Brands PLC (LON:IMT) has been assigned a GBX 3,400 ($45.72) price objective by investment analysts at Citigroup Inc. in a report issued on Friday. The brokerage presently has a “neutral” rating on the stock. Citigroup Inc.’s target price indicates a potential downside of 7.56% from the stock’s previous close.

A number of other research analysts have also recently issued reports on IMT. Deutsche Bank AG reiterated a “buy” rating and set a GBX 4,100 ($55.14) price objective on shares of Imperial Brands PLC in a research note on Friday. Barclays PLC reiterated an “overweight” rating and set a GBX 4,300 ($57.83) price objective on shares of Imperial Brands PLC in a research note on Monday, September 25th. Goldman Sachs Group, Inc. (The) reiterated a “conviction-buy” rating and set a GBX 4,000 ($53.79) price objective on shares of Imperial Brands PLC in a research note on Thursday, September 21st. Whitman Howard reiterated a “buy” rating and set a GBX 5,100 ($68.59) price objective on shares of Imperial Brands PLC in a research note on Thursday. Finally, J P Morgan Chase & Co lowered their price objective on Imperial Brands PLC from GBX 3,770 ($50.70) to GBX 3,230 ($43.44) and set a “neutral” rating for the company in a research note on Friday. Two equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 4,112.86 ($55.31).

Shares of Imperial Brands PLC (LON:IMT) opened at 3678.00 on Friday. The company has a 50-day moving average price of GBX 3,654.35 and a 200-day moving average price of GBX 3,758.37. Imperial Brands PLC has a 52-week low of GBX 3,324.00 and a 52-week high of GBX 4,154.00.

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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:IMT)

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