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

Imperial Brands (LON:IMB)‘s stock had its “buy” rating reiterated by Jefferies Financial Group in a research note issued on Thursday,London Stock Exchange reports. They presently have a GBX 3,500 target price on the stock. Jefferies Financial Group’s price target suggests a potential upside of 26.35% from the stock’s previous close.

A number of other equities research analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 3,500 price target on shares of Imperial Brands in a research report on Wednesday, May 13th. 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, May 11th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 2,700 price objective on shares of Imperial Brands in a research report on Wednesday, May 13th. Finally, Citigroup lowered their price objective on Imperial Brands from GBX 3,650 to GBX 3,550 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 3,433.33.

Imperial Brands Price Performance

IMB stock opened at GBX 2,770 on Thursday. The company has a debt-to-equity ratio of 278.43, a current ratio of 0.70 and a quick ratio of 0.41. The business has a 50 day simple moving average of GBX 2,919.27 and a 200-day simple moving average of GBX 3,083.36. The firm has a market capitalization of £21.46 billion, a PE ratio of 11.11, a price-to-earnings-growth ratio of 16.51 and a beta of 0.17. Imperial Brands has a 1 year low of GBX 2,699.34 and a 1 year high of GBX 3,341.

Imperial Brands (LON:IMB) last posted its quarterly earnings results on Tuesday, May 12th. The company reported GBX 127.70 earnings per share (EPS) for the quarter. The business had revenue of GBX 1,471.90 billion during the quarter. Imperial Brands had a return on equity of 39.24% and a net margin of 8.96%. Equities research analysts anticipate that Imperial Brands will post 246.5723613 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Alan Johnson purchased 645 shares of the firm’s stock in a transaction on Friday, April 10th. The shares were bought at an average cost of GBX 3,097 per share, for a total transaction of £19,975.65. 0.46% of the stock is owned by company insiders.

Imperial Brands Company Profile