Imperial Brands PLC (LON:IMB) had its price objective upped by J P Morgan Chase & Co from GBX 3,230 ($42.48) to GBX 3,275 ($43.08) in a research note published on Tuesday morning. They currently have a neutral rating on the stock.

Several other research firms have also weighed in on IMB. Royal Bank Of Canada reduced their price objective on Imperial Brands PLC from GBX 3,600 ($47.35) to GBX 3,500 ($46.03) and set an outperform rating on the stock in a research note on Tuesday, October 3rd. The Goldman Sachs Group, Inc. set a GBX 4,000 ($52.61) price objective on Imperial Brands PLC and gave the company a buy rating in a research note on Tuesday, October 10th. Jefferies Group LLC set a GBX 3,600 ($47.35) price objective on Imperial Brands PLC and gave the company a buy rating in a research note on Monday, October 2nd. Barclays PLC set a GBX 4,300 ($56.56) price objective on Imperial Brands PLC and gave the company a buy rating in a research note on Wednesday, September 6th. Finally, Citigroup Inc. reaffirmed a neutral rating on shares of Imperial Brands PLC in a research note on Wednesday, November 8th. Three investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Imperial Brands PLC has a consensus rating of Buy and an average target price of GBX 3,926.56 ($51.64).

Imperial Brands PLC (IMB) traded down GBX 12 ($0.16) during midday trading on Tuesday, hitting GBX 3,049 ($40.10). The stock had a trading volume of 1,397,219 shares, compared to its average volume of 2,250,000. Imperial Brands PLC has a fifty-two week low of GBX 3,019 ($39.71) and a fifty-two week high of GBX 3,956.50 ($52.04).

Imperial Brands PLC (LON:IMB) last released its quarterly earnings data 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). 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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The firm also recently disclosed a dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, February 22nd will be issued a dividend of GBX 59.51 ($0.78) per share. The ex-dividend date of this dividend is Thursday, February 22nd. This represents a yield of 1.87%.

In other Imperial Brands PLC news, insider Simon Langelier acquired 31 shares of the company’s stock in a transaction on Monday, September 18th. The shares were bought at an average cost of GBX 3,258 ($42.85) per share, for a total transaction of £1,009.98 ($1,328.40).

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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