J P Morgan Chase & Co reiterated their neutral rating on shares of Imperial Brands PLC (LON:IMB) in a research report report published on Wednesday, November 8th. They currently have a GBX 3,230 ($42.48) price target on the stock.
Several other equities research analysts also recently weighed in on the stock. Deutsche Bank AG reaffirmed a buy rating on shares of Imperial Brands PLC in a research note on Monday, July 31st. Whitman Howard reissued a buy rating and issued a GBX 5,100 ($67.08) price objective on shares of Imperial Brands PLC in a research report on Thursday, July 20th. Barclays PLC set a GBX 4,300 ($56.56) price objective on shares of Imperial Brands PLC and gave the company a buy rating in a research report on Wednesday, September 6th. S&P Global set a GBX 4,200 ($55.24) price objective on shares of Imperial Brands PLC and gave the company a buy rating in a research report on Friday, October 13th. Finally, Jefferies Group LLC dropped their price objective on shares of Imperial Brands PLC from GBX 4,200 ($55.24) to GBX 4,100 ($53.93) and set a buy rating on the stock in a research report on Wednesday, September 6th. Three equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of GBX 3,926.56 ($51.64).
Imperial Brands PLC (IMB) opened at GBX 3,049 ($40.10) on Wednesday. Imperial Brands PLC has a fifty-two week low of GBX 3,019 ($39.71) and a fifty-two week high of GBX 3,956.50 ($52.04).
Imperial Brands PLC (LON:IMB) last announced its earnings results on Tuesday, November 7th. The company reported GBX 267 ($3.51) earnings per share for the quarter, topping the consensus estimate of GBX 264.40 ($3.48) by GBX 2.60 ($0.03). Imperial Brands PLC had a net margin of 4.83% and a return on equity of 25.54%. The firm had revenue of GBX 3,024.70 billion for the quarter.
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The firm also recently announced a dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, February 22nd will be issued a dividend of GBX 59.51 ($0.78) per share. The ex-dividend date is Thursday, February 22nd. This represents a yield of 1.87%.
In other news, insider Simon Langelier purchased 31 shares of the stock in a transaction dated Monday, September 18th. The stock was acquired at an average cost of GBX 3,258 ($42.85) per share, for a total transaction of £1,009.98 ($1,328.40).
About Imperial Brands PLC
Imperial Brands PLC, formerly Imperial Tobacco Group PLC, is a fast-moving consumer goods company. The Company offers a range of cigarettes, fine cut and smokeless tobaccos, papers and cigars. The Company’s segments include Growth Markets, USA, Returns Markets North, Returns Markets South and Logistics.
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