Imperial Brands (IMB) – Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of Imperial Brands (LON: IMB) recently:

  • 5/11/2018 – Imperial Brands had its price target lowered by analysts at Berenberg Bank from GBX 3,765 ($51.07) to GBX 3,450 ($46.80). They now have a “buy” rating on the stock.
  • 5/10/2018 – Imperial Brands had its price target lowered by analysts at JPMorgan Chase from GBX 3,275 ($44.42) to GBX 2,700 ($36.63). They now have a “neutral” rating on the stock.
  • 5/10/2018 – Imperial Brands had its price target raised by analysts at Citigroup from GBX 2,850 ($38.66) to GBX 2,900 ($39.34). They now have a “neutral” rating on the stock.
  • 5/9/2018 – Imperial Brands had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a GBX 2,800 ($37.98) price target on the stock.
  • 5/4/2018 – Imperial Brands had its “outperform” rating reaffirmed by analysts at Credit Suisse Group. They now have a GBX 3,700 ($50.19) price target on the stock.
  • 5/3/2018 – Imperial Brands had its “neutral” rating reaffirmed by analysts at Citigroup.
  • 4/17/2018 – Imperial Brands had its price target lowered by analysts at JPMorgan Chase from GBX 3,275 ($44.42) to GBX 2,700 ($36.63). They now have a “neutral” rating on the stock.
  • 4/4/2018 – Imperial Brands was given a new GBX 2,800 ($37.98) price target on by analysts at Royal Bank of Canada. They now have a “buy” rating on the stock.
  • 3/26/2018 – Imperial Brands had its “neutral” rating reaffirmed by analysts at Citigroup. They now have a GBX 2,850 ($38.66) price target on the stock.
  • 3/26/2018 – Imperial Brands was given a new GBX 2,800 ($37.98) price target on by analysts at Royal Bank of Canada. They now have a “buy” rating on the stock.
  • 3/26/2018 – Imperial Brands was given a new GBX 3,400 ($46.12) price target on by analysts at Deutsche Bank. They now have a “buy” rating on the stock.
  • 3/19/2018 – Imperial Brands had its “buy” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 3,400 ($46.12) price target on the stock.

Shares of Imperial Brands opened at GBX 2,765.50 ($37.51) on Friday, Marketbeat reports. Imperial Brands has a 12-month low of GBX 2,447 ($33.19) and a 12-month high of GBX 3,956.50 ($53.67).

Imperial Brands (LON:IMB) last announced its earnings results on Wednesday, May 9th. The company reported GBX 114.30 ($1.55) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of GBX 113.90 ($1.55) by GBX 0.40 ($0.01). Imperial Brands had a return on equity of 26.82% and a net margin of 4.75%.

The business also recently announced a dividend, which will be paid on Friday, September 28th. Stockholders of record on Thursday, August 23rd will be given a dividend of GBX 28.44 ($0.39) per share. This represents a dividend yield of 1.02%. The ex-dividend date of this dividend is Thursday, August 23rd.

In other Imperial Brands news, insider Oliver Tant purchased 2,546 shares of the company’s stock in a transaction that occurred on Wednesday, May 9th. The shares were purchased at an average cost of GBX 2,764 ($37.49) per share, with a total value of £70,371.44 ($95,457.73). Also, insider Alison Cooper sold 26,821 shares of the company’s stock in a transaction on Monday, March 26th. The shares were sold at an average price of GBX 2,385 ($32.35), for a total value of £639,680.85 ($867,716.83).

Imperial Brands PLC, together with its subsidiaries, manufactures, markets, and sells tobacco and tobacco-related products. It offers cigarettes, fine cut tobacco, papers, and cigars; smokeless tobacco, including snus; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Fine, News, Winston, Bastos, Lambert & Butler, and Parker & Simpson; and specialist brands consisting of blu, Gitanes, Kool, Golden Virginia, Drum, Route 66, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, and Rizla in approximately 160 countries worldwide.

Receive News & Ratings for Imperial Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Brands and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply