Imperial Brands (LON:IMB) PT Raised to GBX 2,600

Imperial Brands (LON:IMB) had its target price boosted by Deutsche Bank Aktiengesellschaft from GBX 2,325 ($29.55) to GBX 2,600 ($33.05) in a report released on Tuesday, Marketbeat reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 32.62% from the company’s previous close.

Separately, Jefferies Financial Group reissued a “hold” rating and issued a GBX 1,810 ($23.00) price objective on shares of Imperial Brands in a research report on Monday, April 22nd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Imperial Brands has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,265 ($28.79).

Imperial Brands Stock Up 0.8 %

Shares of Imperial Brands stock opened at GBX 1,960.50 ($24.92) on Tuesday. The stock has a market capitalization of £16.93 billion, a P/E ratio of 790.52, a PEG ratio of 17.80 and a beta of 0.43. The company has a quick ratio of 0.41, a current ratio of 0.72 and a debt-to-equity ratio of 157.30. The stock has a 50 day moving average price of GBX 1,797.34 and a two-hundred day moving average price of GBX 1,817.58. Imperial Brands has a 12-month low of GBX 1,553.50 ($19.74) and a 12-month high of GBX 2,006 ($25.50).

About Imperial Brands

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West, Winston, Kool, Lambert & Butler, Fortuna, Nobel, News, Backwoods, Champion, Golden Virginia, Rizla, Blu, Pulze, Skruf, and Zone X.