Imperial Brands (LON:IMB) Sets New 52-Week Low – Here’s What Happened

Imperial Brands PLC (LON:IMB) shares hit a new 52-week low on Friday. The company traded as low as GBX 2,434 and last traded at GBX 2,438, with a volume of 4684789 shares. The stock had previously closed at GBX 2,475.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,500 price objective on shares of Imperial Brands in a research note on Tuesday, September 8th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 3,433.33.

Imperial Brands Stock Performance

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 business has a 50 day moving average price of GBX 2,616.36 and a two-hundred day moving average price of GBX 2,780.03. The company has a market cap of £18.70 billion, a P/E ratio of 11.63, a price-to-earnings-growth ratio of 16.51 and a beta of 0.13.

Imperial Brands Company Profile