Imperial Brands’ (IMB) Buy Rating Reaffirmed at Jefferies Financial Group

Imperial Brands (LON:IMB – Get Free Report)‘s stock had its “buy” rating restated by equities researchers at Jefferies Financial Group in a report issued on Friday, Marketbeat reports. They presently have a GBX 3,500 price target on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 32.01% from the company’s current price.

Imperial Brands Trading Up 1.4%

Shares of Imperial Brands stock traded up GBX 37.37 during midday trading on Friday, reaching GBX 2,651.37. 8,836,255 shares of the company’s stock traded hands, compared to its average volume of 20,556,961. The stock has a 50 day moving average of GBX 2,540.46 and a 200-day moving average of GBX 2,731.99. Imperial Brands has a 12 month low of GBX 2,408 and a 12 month high of GBX 3,341. The company has a market cap of £19.93 billion, a PE ratio of 12.47, a price-to-earnings-growth ratio of 16.51 and a beta of 0.13. The company has a debt-to-equity ratio of 278.43, a quick ratio of 0.41 and a current ratio of 0.70.

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