Imperial Brands (LON:IMB)‘s stock had its “buy” rating reiterated by Deutsche Bank in a research note issued on Tuesday, Digital Look reports. They currently have a GBX 3,400 ($44.43) price objective on the stock. Deutsche Bank’s target price would suggest a potential upside of 67.94% from the stock’s current price.
Several other research firms have also weighed in on IMB. Citigroup raised Copa from a “neutral” rating to a “buy” rating in a research note on Thursday, May 9th. JPMorgan Chase & Co. reissued a “sell” rating and issued a $60.00 target price on shares of Bayerische Motoren Werke in a research note on Tuesday, May 7th. UBS Group set a $125.00 target price on Caterpillar and gave the company a “sell” rating in a research note on Friday, May 3rd. Liberum Capital cut their target price on Premier Asset Management Group from GBX 230 ($3.01) to GBX 226 ($2.95) and set a “buy” rating on the stock in a research note on Monday. Finally, Jefferies Financial Group increased their target price on EXACT Sciences from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 2,836.82 ($37.07).
LON:IMB traded up GBX 9.50 ($0.12) during mid-day trading on Tuesday, hitting GBX 2,024.50 ($26.45). The company had a trading volume of 2,402,427 shares, compared to its average volume of 2,680,000. Imperial Brands has a fifty-two week low of GBX 1,821.40 ($23.80) and a fifty-two week high of GBX 3,009 ($39.32). The company has a fifty day moving average price of GBX 1,960.83. The company has a current ratio of 0.68, a quick ratio of 0.32 and a debt-to-equity ratio of 241.51. The stock has a market capitalization of $19.37 billion and a price-to-earnings ratio of 12.46.
Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Lambert & Butler, Bastos, Fine, Winston, News, and Parker & Simpson; and specialist brands consisting of blu, Kool, Gitanes, Jade, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, Golden Virginia, and Drum in approximately 160 countries worldwide.
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