Imperial Brands PLC (LON:IMB) had its price target decreased by stock analysts at Jefferies Group LLC from GBX 4,100 ($53.90) to GBX 3,600 ($47.33) in a research report issued on Monday, October 2nd. The firm presently has a “buy” rating on the stock. Jefferies Group LLC’s target price would suggest a potential upside of 14.49% from the stock’s previous close.

IMB has been the subject of several other research reports. Deutsche Bank AG reissued a “buy” rating and issued a GBX 4,100 ($53.90) price target on shares of Imperial Brands PLC in a report on Thursday, June 22nd. J P Morgan Chase & Co raised their price target on Imperial Brands PLC from GBX 3,640 ($47.86) to GBX 3,770 ($49.57) and gave the stock a “neutral” rating in a report on Thursday, June 22nd. Citigroup Inc. reaffirmed a “neutral” rating and set a GBX 3,800 ($49.96) target price on shares of Imperial Brands PLC in a report on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) lifted 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 report on Thursday, June 29th. Finally, Berenberg Bank decreased their price target on Imperial Brands PLC from GBX 4,200 ($55.22) to GBX 4,050 ($53.25) and set a “buy” rating for the company in a report on Friday, June 30th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 4,035.83 ($53.06).

Imperial Brands PLC (LON:IMB) traded down 0.65% during trading on Monday, reaching GBX 3144.50. 1,538,595 shares of the company’s stock traded hands. Imperial Brands PLC has a one year low of GBX 3,112.50 and a one year high of GBX 4,007.00. The company has a 50 day moving average of GBX 3,221.88 and a 200 day moving average of GBX 3,484.93. The firm’s market cap is GBX 30.01 billion.

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In other Imperial Brands PLC news, insider Simon Langelier purchased 24,100 shares of the firm’s stock in a transaction dated Wednesday, July 19th. The shares were acquired at an average price of GBX 3,447 ($45.32) per share, with a total value of £830,727 ($1,092,199.58).

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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