Imperial Brands PLC’s (LON:IMB) “Buy” Rating Reiterated at Deutsche Bank AG
Deutsche Bank AG restated their buy rating on shares of Imperial Brands PLC (LON:IMB) in a report released on Thursday, October 5th. Deutsche Bank AG currently has a GBX 4,100 ($53.90) target price on the stock.
IMB has been the subject of several other reports. Whitman Howard restated a buy rating and set a GBX 5,100 ($67.05) target price on shares of Imperial Brands PLC in a research report on Friday, September 15th. Goldman Sachs Group, Inc. (The) boosted their target price on Imperial Brands PLC from GBX 4,070 ($53.51) to GBX 4,100 ($53.90) and gave the stock a buy rating in a research report on Thursday, June 29th. Credit Suisse Group restated an outperform rating and set a GBX 4,150 ($54.56) target price on shares of Imperial Brands PLC in a research report on Monday, September 11th. J P Morgan Chase & Co boosted their price objective on Imperial Brands PLC from GBX 3,640 ($47.86) to GBX 3,770 ($49.57) and gave the company a neutral rating in a research report on Thursday, June 22nd. Finally, Jefferies Group LLC decreased their price objective on Imperial Brands PLC from GBX 4,100 ($53.90) to GBX 3,600 ($47.33) and set a buy rating for the company in a research report on Monday, October 2nd. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of GBX 4,035.83 ($53.06).
Shares of Imperial Brands PLC (LON IMB) traded down 0.65% during trading on Thursday, reaching GBX 3144.50. 1,538,595 shares of the company’s stock traded hands. Imperial Brands PLC has a 1-year low of GBX 3,112.50 and a 1-year high of GBX 4,007.00. The stock has a 50-day moving average of GBX 3,221.88 and a 200-day moving average of GBX 3,484.93. The company’s market capitalization is GBX 30.01 billion.
WARNING: This piece was first reported by Marea Informative and is owned by of Marea Informative. If you are reading this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark legislation. The correct version of this piece can be accessed at http://www.mareainformativa.com/imperial-brands-plc-imb-rating-reiterated-by-deutsche-bank-ag/116346/.
In other Imperial Brands PLC news, insider Simon Langelier purchased 31 shares of the company’s stock in a transaction that occurred on Monday, September 18th. The shares were acquired at an average price of GBX 3,258 ($42.83) per share, for a total transaction of £1,009.98 ($1,327.87).
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.
Receive News & Stock Ratings for Imperial Brands PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Brands PLC and related stocks with our FREE daily email newsletter.