J P Morgan Chase & Co reaffirmed their neutral rating on shares of Imperial Brands PLC (LON:IMB) in a research note released on Wednesday. J P Morgan Chase & Co currently has a GBX 3,230 ($42.48) price objective on the stock.

IMB has been the subject of a number of other reports. Deutsche Bank AG reissued a buy rating and issued a GBX 3,700 ($48.67) target price on shares of Imperial Brands PLC in a research report on Wednesday. Whitman Howard reissued a buy rating and issued a GBX 5,100 ($67.08) target price on shares of Imperial Brands PLC in a research report on Monday, July 31st. Beaufort Securities reissued a long term buy rating and issued a GBX 3,450 ($45.38) target price on shares of Imperial Brands PLC in a research report on Tuesday. Royal Bank of Canada raised Imperial Brands PLC to an outperform rating and raised their target price for the stock from GBX 3,500 ($46.03) to GBX 3,600 ($47.35) in a research report on Monday, August 21st. Finally, Jefferies Group LLC decreased their target price on Imperial Brands PLC from GBX 4,200 ($55.24) to GBX 4,100 ($53.93) and set a buy rating for the company in a research report on Wednesday, September 6th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of Buy and a consensus price target of GBX 3,940 ($51.82).

Shares of Imperial Brands PLC (LON:IMB) traded up GBX 27.50 ($0.36) during trading on Wednesday, reaching GBX 3,181.50 ($41.85). The company had a trading volume of 3,272,410 shares, compared to its average volume of 2,160,000. Imperial Brands PLC has a 1-year low of GBX 3,019 ($39.71) and a 1-year high of GBX 3,956.50 ($52.04).

Imperial Brands PLC (LON:IMB) last issued its quarterly earnings results on Tuesday, November 7th. The company reported GBX 267 ($3.51) EPS for the quarter, topping the Zacks’ consensus estimate of GBX 264.40 ($3.48) by GBX 2.60 ($0.03). The business had revenue of GBX 3,024.70 billion for the quarter. Imperial Brands PLC had a return on equity of 25.54% and a net margin of 4.83%.

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The business also recently declared a dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, February 22nd will be given a GBX 59.51 ($0.78) dividend. This represents a dividend yield of 1.87%. The ex-dividend date of this dividend is Thursday, February 22nd.

In related news, insider Simon Langelier purchased 31 shares of Imperial Brands PLC stock in a transaction dated Monday, September 18th. The stock was bought at an average cost of GBX 3,258 ($42.85) per share, for a total transaction of £1,009.98 ($1,328.40).

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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