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

Several other brokerages also recently weighed in on IMB. Royal Bank Of Canada cut their price objective on shares of 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 report on Tuesday, October 3rd. The Goldman Sachs Group, Inc. set a GBX 4,000 ($52.61) price objective on shares of Imperial Brands PLC and gave the company a buy rating in a research report on Tuesday, October 10th. Jefferies Group LLC set a GBX 3,600 ($47.35) price objective on shares of Imperial Brands PLC and gave the company a buy rating in a research report on Monday, October 2nd. Barclays PLC set a GBX 4,300 ($56.56) price objective on shares of Imperial Brands PLC and gave the company a buy rating in a research report on Wednesday, September 6th. Finally, Citigroup Inc. reiterated a neutral rating on shares of Imperial Brands PLC in a research report on Wednesday, November 8th. Three research 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. The company has an average rating of Buy and an average target price of GBX 3,926.56 ($51.64).

Shares of Imperial Brands PLC (LON IMB) traded down GBX 12 ($0.16) during trading hours on Tuesday, reaching GBX 3,049 ($40.10). 1,397,219 shares of the company traded hands, compared to its average volume of 2,250,000. Imperial Brands PLC has a 12-month low of GBX 3,019 ($39.71) and a 12-month high of GBX 3,956.50 ($52.04).

Imperial Brands PLC (LON:IMB) last issued its quarterly earnings data on Tuesday, November 7th. The company reported GBX 267 ($3.51) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 264.40 ($3.48) by GBX 2.60 ($0.03). The firm had revenue of GBX 3,024.70 billion for the quarter. Imperial Brands PLC had a net margin of 4.83% and a return on equity of 25.54%.

TRADEMARK VIOLATION WARNING: “Imperial Brands PLC (IMB) Price Target Raised to GBX 3,275 at J P Morgan Chase & Co” was originally posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States & international trademark and copyright legislation. The original version of this article can be viewed at

The firm also recently announced a dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, February 22nd will be issued a GBX 59.51 ($0.78) dividend. The ex-dividend date of this dividend is Thursday, February 22nd. This represents a dividend yield of 1.87%.

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

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.

Stock Target Prices

Analyst Recommendations for Imperial Brands PLC (LON:IMB)

Receive News & 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 companies with Analyst Ratings Network's FREE daily email newsletter.