Several other research firms also recently issued reports on IMB. Royal Bank of Canada upgraded shares of Imperial Brands PLC (IMB.L) to an “outperform” rating and set a GBX 1,800 ($23.52) price objective for the company in a research note on Tuesday, September 22nd. JPMorgan Chase & Co. boosted their price objective on shares of Imperial Brands PLC (IMB.L) from GBX 1,750 ($22.86) to GBX 1,900 ($24.82) and gave the stock an “overweight” rating in a research note on Thursday, November 19th. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company. Imperial Brands PLC (IMB.L) has an average rating of “Buy” and an average target price of GBX 1,922.09 ($25.11).
IMB traded up GBX 38.50 ($0.50) during trading on Thursday, hitting GBX 1,645.50 ($21.50). 1,042,169 shares of the company’s stock were exchanged, compared to its average volume of 1,609,607. The company has a current ratio of 0.78, a quick ratio of 0.35 and a debt-to-equity ratio of 217.14. Imperial Brands PLC has a 1 year low of GBX 1,142 ($14.92) and a 1 year high of GBX 2,072 ($27.07). The stock has a 50 day moving average price of GBX 1,534.33 and a 200 day moving average price of GBX 1,395.31. The firm has a market cap of £15.57 billion and a P/E ratio of 10.40.
Imperial Brands PLC (IMB.L) 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 next generation product (NGP) portfolio, such as e-vapour products, as well as oral nicotine and heated tobacco products.
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