Imperial Brands PLC (LON:IMB)‘s stock had its “outperform” rating reiterated by research analysts at Credit Suisse Group in a research note issued to investors on Monday. They currently have a GBX 4,150 ($53.60) price objective on the stock. Credit Suisse Group’s price target indicates a potential upside of 24.91% from the stock’s previous close.

A number of other research firms also recently weighed in on IMB. Goldman Sachs Group, Inc. (The) raised their price target on Imperial Brands PLC from GBX 4,070 ($52.56) to GBX 4,100 ($52.95) and gave the stock a “buy” rating in a research note on Thursday, June 29th. J P Morgan Chase & Co raised their price target on Imperial Brands PLC from GBX 3,640 ($47.01) to GBX 3,770 ($48.69) and gave the stock a “neutral” rating in a research note on Thursday, June 22nd. Whitman Howard reaffirmed a “buy” rating and set a GBX 5,100 ($65.87) price target on shares of Imperial Brands PLC in a research note on Monday, July 31st. Royal Bank Of Canada raised Imperial Brands PLC to an “outperform” rating and raised their price target for the stock from GBX 3,500 ($45.20) to GBX 3,600 ($46.49) in a research note on Monday, August 21st. Finally, Deutsche Bank AG reaffirmed a “buy” rating on shares of Imperial Brands PLC in a research note on Monday, July 31st. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. Imperial Brands PLC has a consensus rating of “Buy” and an average price target of GBX 4,164.17 ($53.78).

Shares of Imperial Brands PLC (LON IMB) opened at 3322.50 on Monday. The stock’s market cap is GBX 31.71 billion. Imperial Brands PLC has a one year low of GBX 3,112.50 and a one year high of GBX 4,128.50. The stock’s 50 day moving average price is GBX 3,254.07 and its 200-day moving average price is GBX 3,582.20.

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In other Imperial Brands PLC news, insider Simon Langelier bought 24,100 shares of the stock in a transaction on Wednesday, July 19th. The shares were purchased at an average price of GBX 3,447 ($44.52) per share, with a total value of £830,727 ($1,072,874.85).

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.

Analyst Recommendations for Imperial Brands PLC (LON:IMB)

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