Imperial Brands (LON:IMB)‘s stock had its “underperform” rating reaffirmed by stock analysts at Royal Bank of Canada in a research note issued on Thursday, ThisIsMoney.Co.Uk reports.

A number of other brokerages also recently issued reports on IMB. Credit Suisse Group dropped their price target on shares of Imperial Brands from GBX 3,300 ($43.12) to GBX 3,000 ($39.20) and set an “outperform” rating on the stock in a report on Wednesday. Liberum Capital reaffirmed a “buy” rating on shares of Imperial Brands in a report on Tuesday. UBS Group reaffirmed a “neutral” rating on shares of Imperial Brands in a report on Friday, November 1st. JPMorgan Chase & Co. set a GBX 2,100 ($27.44) price target on shares of Imperial Brands and gave the company a “neutral” rating in a report on Thursday, July 11th. Finally, Deutsche Bank reaffirmed a “buy” rating on shares of Imperial Brands in a report on Friday, August 16th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 2,527.73 ($33.03).

Shares of LON IMB traded up GBX 3 ($0.04) during trading on Thursday, reaching GBX 1,774 ($23.18). 3,540,513 shares of the company traded hands, compared to its average volume of 2,680,000. The firm has a 50 day simple moving average of GBX 1,844.89 and a 200-day simple moving average of GBX 2,044.05. The company has a quick ratio of 0.32, a current ratio of 0.68 and a debt-to-equity ratio of 241.51. The stock has a market capitalization of $16.84 billion and a PE ratio of 10.92. Imperial Brands has a 52-week low of GBX 1,670 ($21.82) and a 52-week high of GBX 2,789 ($36.44).

In other Imperial Brands news, insider Mark Williamson acquired 1,489 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The shares were bought at an average price of GBX 2,121 ($27.71) per share, with a total value of £31,581.69 ($41,267.07). Also, insider Oliver Tant acquired 1,250 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The stock was acquired at an average cost of GBX 1,776 ($23.21) per share, for a total transaction of £22,200 ($29,008.23).

Imperial Brands Company Profile

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Lambert & Butler, Bastos, Fine, Winston, News, and Parker & Simpson; and specialist brands consisting of blu, Kool, Gitanes, Jade, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, Golden Virginia, and Drum in approximately 160 countries worldwide.

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Analyst Recommendations for Imperial Brands (LON:IMB)

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