TOday’s Movers: Imperial Brands Plc (LON:IMB) Stock Rating Kept by Barclays Capital; GBX 3350.00 Target Price Indicates 29.04 % Potential

June 12, 2018 - By Richard Conner

Imperial Brands PLC (LON:IMB) Logo

Imperial Brands Plc (LON:IMB) Rating Reaffirmed

In an analyst note revealed to investors and clients this morning, Barclays Capital maintained their “Overweight” rating on Imperial Brands Plc (LON:IMB) shares. The target gives a possible upside of 29.04 % from firm’s current price.

Imperial Brands PLC (LON:IMB) Ratings Coverage

Among 10 analysts covering Imperial Brands Plc (LON:IMB), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Imperial Brands Plc has GBX 4360 highest and GBX 2700 lowest target. GBX 3262’s average target is 27.27% above currents GBX 2563 stock price. Imperial Brands Plc had 23 analyst reports since January 16, 2018 according to SRatingsIntel. Credit Suisse maintained Imperial Brands PLC (LON:IMB) on Friday, May 4 with “Outperform” rating. The firm has “Buy” rating given on Monday, January 29 by Investec. The stock of Imperial Brands PLC (LON:IMB) earned “Neutral” rating by Citigroup on Monday, March 26. The company was maintained on Wednesday, May 9 by Credit Suisse. The firm has “Neutral” rating by JP Morgan given on Thursday, May 10. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, June 12 report. As per Thursday, May 3, the company rating was maintained by Citigroup. As per Wednesday, May 9, the company rating was maintained by RBC Capital Markets. As per Wednesday, February 7, the company rating was maintained by Goldman Sachs. The stock has “Buy” rating by Berenberg on Friday, March 16.

The stock decreased 1.84% or GBX 48 during the last trading session, reaching GBX 2563. About 845,164 shares traded. Imperial Brands PLC (LON:IMB) has 0.00% since June 12, 2017 and is . It has underperformed by 12.57% the S&P500.

Imperial Brands PLC, together with its subsidiaries, makes, markets, and sells tobacco and tobacco-related products. The company has market cap of 24.34 billion GBP. It offers cigarettes, fine cut tobacco, papers, cigars, snus, and smokeless tobacco products. It has a 17.41 P/E ratio. The firm sells its products under the Davidoff, Gauloises Blondes, JPS, West, Fine, News, Winston, Bastos, Lambert & Butler, Parker & Simpson, Style, Gitanes, Golden Virginia, Drum, Route 66, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, and Rizla brand names in approximately 160 countries.

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