Imperial Brands PLC (IMT) Rating Reiterated by J P Morgan Chase & Co
Imperial Brands PLC (LON:IMT)‘s stock had its “neutral” rating reissued by research analysts at J P Morgan Chase & Co in a note issued to investors on Monday, July 31st. They currently have a GBX 3,770 ($49.09) price target on the stock. J P Morgan Chase & Co’s target price suggests a potential upside of 2.50% from the company’s previous close.
Several other analysts have also issued reports on the stock. Goldman Sachs Group, Inc. (The) set a GBX 4,130 ($53.78) target price on shares of Imperial Brands PLC and gave the company a “buy” rating in a research report on Tuesday, May 2nd. Whitman Howard reiterated a “buy” rating and issued a GBX 5,100 ($66.41) price target on shares of Imperial Brands PLC in a research report on Thursday, July 20th. Citigroup Inc. set a GBX 3,700 ($48.18) price target on shares of Imperial Brands PLC and gave the stock a “neutral” rating in a research report on Friday, April 28th. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 4,100 ($53.39) price target on shares of Imperial Brands PLC in a research report on Thursday, June 22nd. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 4,200 ($54.69) price target on shares of Imperial Brands PLC in a research report on Tuesday, May 23rd. Three research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of GBX 4,215.71 ($54.90).
Imperial Brands PLC (LON:IMT) opened at 3678.00 on Monday. Imperial Brands PLC has a 12-month low of GBX 3,324.00 and a 12-month high of GBX 4,154.00. The company has a 50-day moving average of GBX 3,654.35 and a 200 day moving average of GBX 3,758.37.
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Imperial Brands PLC Company Profile
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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