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.

Analyst Recommendations for Imperial Brands PLC (LON:IMT)

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