Imperial Brands (LON:IMB) had its target price cut by Deutsche Bank from GBX 3,250 ($42.75) to GBX 2,400 ($31.57) in a research note published on Monday, Stock Target Advisor reports. They currently have a buy rating on the stock.

Several other analysts also recently issued reports on IMB. JPMorgan Chase & Co. upped their price target on shares of Imperial Brands from GBX 1,900 ($24.99) to GBX 2,100 ($27.62) and gave the company a neutral rating in a report on Wednesday, January 22nd. Citigroup reaffirmed a buy rating on shares of Imperial Brands in a report on Friday, February 7th. UBS Group reaffirmed a neutral rating and issued a GBX 1,700 ($22.36) price target (down previously from GBX 1,790 ($23.55)) on shares of Imperial Brands in a report on Friday, February 7th. Liberum Capital reaffirmed a buy rating on shares of Imperial Brands in a report on Monday, February 3rd. Finally, Barclays reaffirmed an overweight rating on shares of Imperial Brands in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of GBX 2,375 ($31.24).

IMB stock opened at GBX 1,714.40 ($22.55) on Monday. The company has a market cap of $15.49 billion and a P/E ratio of 16.20. Imperial Brands has a 52 week low of GBX 1,439.09 ($18.93) and a 52 week high of GBX 2,713.50 ($35.69). The company’s 50-day moving average price is GBX 1,922.27 and its 200 day moving average price is GBX 1,906.58. The company has a current ratio of 0.90, a quick ratio of 0.43 and a debt-to-equity ratio of 244.63.

In other news, insider Oliver Tant acquired 2,200 shares of the business’s stock in a transaction dated Thursday, February 6th. The stock was acquired at an average price of GBX 1,827 ($24.03) per share, with a total value of £40,194 ($52,872.93). Also, insider Jon Stanton acquired 1,500 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was purchased at an average cost of GBX 1,865 ($24.53) per share, with a total value of £27,975 ($36,799.53).

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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