Imperial Brands (LON:IMB) Sets New 12-Month Low – Should You Sell?

Shares of Imperial Brands PLC (LON:IMB) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 2,626 and last traded at GBX 2,688, with a volume of 1264862 shares traded. The stock had previously closed at GBX 2,696.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on IMB shares. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 2,700 price objective on shares of Imperial Brands in a research report on Wednesday, May 13th. Citigroup cut their price objective on shares of Imperial Brands from GBX 3,650 to GBX 3,550 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 3,500 price objective on shares of Imperial Brands in a report on Wednesday, May 13th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,500 price objective on shares of Imperial Brands in a report on Thursday, May 28th. Finally, UBS Group reissued a “neutral” rating and issued a GBX 3,150 price objective on shares of Imperial Brands in a report on Monday, May 11th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,433.33.

Imperial Brands Trading Down 0.6%

The company has a market cap of £20.79 billion, a price-to-earnings ratio of 10.77, a P/E/G ratio of 16.51 and a beta of 0.17. The company has a debt-to-equity ratio of 278.43, a quick ratio of 0.41 and a current ratio of 0.70. The firm has a fifty day moving average price of GBX 2,880.05 and a 200 day moving average price of GBX 3,065.93.

Imperial Brands (LON:IMB) last released its quarterly earnings data on Tuesday, May 12th. The company reported GBX 127.70 EPS for the quarter. The company had revenue of GBX 1,471.90 billion during the quarter. Imperial Brands had a return on equity of 39.24% and a net margin of 8.96%. As a group, equities analysts predict that Imperial Brands PLC will post 246.5723613 EPS for the current fiscal year.

Insider Transactions at Imperial Brands

In other Imperial Brands news, insider Alan Johnson purchased 645 shares of the business’s stock in a transaction on Friday, April 10th. The stock was acquired at an average price of GBX 3,097 per share, with a total value of £19,975.65. 0.46% of the stock is owned by corporate insiders.

Imperial Brands Company Profile