Imperial Brands PLC (IMT) PT Lowered to GBX 3,700
Imperial Brands PLC (LON:IMT) had its price objective dropped by stock analysts at Deutsche Bank AG from GBX 4,100 ($53.90) to GBX 3,700 ($48.65) in a research report issued to clients and investors on Thursday. The brokerage presently has a “buy” rating on the stock. Deutsche Bank AG’s price objective indicates a potential upside of 0.60% from the stock’s previous close.
Several other brokerages have also issued reports on IMT. Barclays PLC set a GBX 4,300 ($56.53) price target on Imperial Brands PLC and gave the company a “buy” rating in a research note on Wednesday, September 6th. J P Morgan Chase & Co raised their price objective on Imperial Brands PLC from GBX 3,600 ($47.33) to GBX 3,770 ($49.57) and gave the company a “neutral” rating in a report on Wednesday, August 23rd. Royal Bank Of Canada raised Imperial Brands PLC to an “outperform” rating and raised their price objective for the company from GBX 3,500 ($46.02) to GBX 3,600 ($47.33) in a report on Monday, August 21st. Goldman Sachs Group, Inc. (The) cut their price objective on Imperial Brands PLC from GBX 4,370 ($57.45) to GBX 4,000 ($52.59) and set a “conviction-buy” rating on the stock in a report on Thursday, August 3rd. Finally, Citigroup Inc. set a GBX 3,800 ($49.96) price objective on Imperial Brands PLC and gave the company a “neutral” rating in a report on Thursday, August 3rd. Two investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Imperial Brands PLC currently has an average rating of “Buy” and an average price target of GBX 4,027.14 ($52.95).
Imperial Brands PLC (LON IMT) opened at 3678.00 on Thursday. The firm has a 50-day moving average price of GBX 3,654.35 and a 200-day moving average price of GBX 3,758.37. Imperial Brands PLC has a 1-year low of GBX 3,324.00 and a 1-year high of GBX 4,154.00.
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About Imperial Brands PLC
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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