Imperial Brands PLC (LON:IMB) Receives GBX 3,550 Average PT from Analysts

Shares of Imperial Brands PLC (LON:IMBGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 3,530.

Several research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 3,500 target price on shares of Imperial Brands in a research report on Wednesday, April 15th. Jefferies Financial Group restated a “buy” rating and set a GBX 3,700 target price on shares of Imperial Brands in a research report on Wednesday, April 15th. Finally, Citigroup lowered their target price on shares of Imperial Brands from GBX 3,650 to GBX 3,550 and set a “buy” rating on the stock in a research report on Wednesday, April 15th.

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Insiders Place Their Bets

In other Imperial Brands news, insider Murray McGowan sold 15,955 shares of the company’s stock in a transaction dated Monday, February 16th. The shares were sold at an average price of GBX 3,230, for a total transaction of £515,346.50. Also, insider Alan Johnson bought 645 shares of the stock in a transaction on Friday, April 10th. The shares were bought at an average price of GBX 3,097 per share, for a total transaction of £19,975.65. 0.46% of the stock is currently owned by company insiders.

Imperial Brands Trading Down 2.5%

Shares of IMB opened at GBX 2,724.50 on Wednesday. The company has a current ratio of 0.74, a quick ratio of 0.41 and a debt-to-equity ratio of 207.21. The firm’s 50-day moving average is GBX 3,123.92 and its two-hundred day moving average is GBX 3,125.32. Imperial Brands has a twelve month low of GBX 2,648 and a twelve month high of GBX 3,341. The firm has a market capitalization of £21.20 billion, a P/E ratio of 10.93, a PEG ratio of 16.51 and a beta of 0.23.

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