Imperial Brands (LON:IMB – Get Free Report)‘s stock had its “buy” rating restated by research analysts at Jefferies Financial Group in a research note issued to investors on Wednesday,London Stock Exchange reports. They presently have a GBX 3,500 price target on the stock. Jefferies Financial Group’s price target points to a potential upside of 25.72% from the stock’s current price.
A number of other equities research analysts also recently issued reports on IMB. UBS Group reiterated a “neutral” rating and issued a GBX 3,150 price objective on shares of Imperial Brands in a research report on Monday. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,700 price objective on shares of Imperial Brands in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 3,500 target price on shares of Imperial Brands in a research note on Wednesday, April 15th. Finally, Citigroup cut their price objective on Imperial Brands from GBX 3,650 to GBX 3,550 and set a “buy” rating for the company in a report on Wednesday, April 15th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Imperial Brands currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,433.33.
Read Our Latest Stock Report on IMB
Imperial Brands Stock Performance
Imperial Brands (LON:IMB – Get Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The company reported GBX 127.70 earnings per share for the quarter. Imperial Brands had a return on equity of 42.31% and a net margin of 10.91%.The firm had revenue of GBX 1,471.90 billion for the quarter. On average, equities research analysts forecast that Imperial Brands will post 246.5723613 EPS for the current year.
Insider Buying and Selling
In related news, insider Murray McGowan sold 15,955 shares of Imperial Brands stock in a transaction on Monday, February 16th. The shares were sold at an average price of GBX 3,230, for a total value of £515,346.50. Also, insider Lukas Paravicini sold 30,561 shares of the stock in a transaction on Monday, February 16th. The shares were sold at an average price of GBX 3,219, for a total transaction of £983,758.59. 0.46% of the stock is owned by insiders.
About Imperial Brands
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