Imperial Brands (LON:IMB) Earns Overweight Rating from Barclays

Barclays restated their overweight rating on shares of Imperial Brands (LON:IMB) in a research note issued to investors on Friday morning, ThisIsMoney.Co.Uk reports.

Several other analysts have also recently issued reports on IMB. Deutsche Bank reiterated a buy rating and issued a GBX 3,400 ($44.43) target price on shares of in a research note on Tuesday, July 9th. JPMorgan Chase & Co. set a €33.40 ($38.84) target price on shares of Siemens Healthineers and gave the stock a neutral rating in a research note on Thursday, July 11th. UBS Group set a $125.00 target price on shares of Caterpillar and gave the stock a sell rating in a research note on Friday, May 3rd. Morgan Stanley started coverage on shares of in a research note on Monday, June 17th. They issued an equal weight rating and a GBX 215 ($2.81) target price on the stock. Finally, Royal Bank of Canada reiterated a hold rating and issued a $0.35 target price on shares of DB Commodity Double Short ETN in a research note on Friday, July 12th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. Imperial Brands has an average rating of Hold and a consensus target price of GBX 2,818.64 ($36.83).

LON IMB opened at GBX 2,145 ($28.03) on Friday. Imperial Brands has a 1 year low of GBX 1,821.40 ($23.80) and a 1 year high of GBX 3,009 ($39.32). The company has a quick ratio of 0.32, a current ratio of 0.68 and a debt-to-equity ratio of 241.51. The stock has a market cap of $20.52 billion and a PE ratio of 13.20. The business has a 50 day moving average price of GBX 1,967.27.

The business also recently disclosed a dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, August 22nd will be given a dividend of GBX 31.28 ($0.41) per share. This represents a dividend yield of 1.34%. The ex-dividend date of this dividend is Thursday, August 22nd. Imperial Brands’s dividend payout ratio (DPR) is currently 0.77%.

Imperial Brands Company Profile

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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Analyst Recommendations for Imperial Brands (LON:IMB)

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