Jon Stanton Sells 2,053 Shares of Imperial Brands (LON:IMB) Stock

Imperial Brands PLC (LON:IMB) insider Jon Stanton sold 2,053 shares of Imperial Brands stock in a transaction dated Monday, December 15th. The shares were sold at an average price of GBX 3,221, for a total transaction of £66,127.13.

Imperial Brands Price Performance

LON:IMB traded down GBX 38 during mid-day trading on Tuesday, hitting GBX 3,177. The company’s stock had a trading volume of 8,636,422 shares, compared to its average volume of 5,827,139. The company has a market capitalization of £25.42 billion, a price-to-earnings ratio of 12.74, a P/E/G ratio of 16.51 and a beta of 0.42. The company has a current ratio of 0.72, a quick ratio of 0.41 and a debt-to-equity ratio of 166.91. Imperial Brands PLC has a fifty-two week low of GBX 2,521 and a fifty-two week high of GBX 3,329. The stock has a fifty day moving average of GBX 3,148.30 and a 200-day moving average of GBX 3,046.62.

Imperial Brands (LON:IMB) last issued its earnings results on Tuesday, November 18th. The company reported GBX 315 earnings per share (EPS) for the quarter. Imperial Brands had a return on equity of 41.84% and a net margin of 11.44%. As a group, equities analysts forecast that Imperial Brands PLC will post 246.5723613 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on IMB. JPMorgan Chase & Co. restated an “overweight” rating on shares of Imperial Brands in a research note on Friday, October 3rd. Jefferies Financial Group upped their price objective on shares of Imperial Brands from GBX 3,600 to GBX 3,700 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Royal Bank Of Canada lifted their target price on shares of Imperial Brands from GBX 2,400 to GBX 2,700 and gave the company a “sector perform” rating in a research note on Thursday, November 20th. Panmure Gordon reissued a “buy” rating and issued a GBX 4,200 target price on shares of Imperial Brands in a report on Wednesday, November 19th. Finally, Citigroup raised their price target on Imperial Brands from GBX 3,425 to GBX 3,650 and gave the company a “buy” rating in a report on Monday, November 24th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Imperial Brands presently has an average rating of “Moderate Buy” and a consensus target price of GBX 3,562.50.

Imperial Brands Company Profile