Imperial Brands PLC (LON:IMT)‘s stock had its “buy” rating reissued by stock analysts at Whitman Howard in a research note issued on Friday. They presently have a GBX 5,100 ($65.87) price target on the stock. Whitman Howard’s price target would suggest a potential upside of 38.66% from the stock’s previous close.
A number of other equities analysts have also commented on the company. Deutsche Bank AG restated a “buy” rating and set a GBX 4,100 ($52.95) price objective on shares of Imperial Brands PLC in a research note on Thursday, June 22nd. Berenberg Bank restated a “buy” rating and set a GBX 4,200 ($54.24) price objective on shares of Imperial Brands PLC in a research note on Tuesday, May 23rd. Barclays PLC set a GBX 4,300 ($55.53) price objective on Imperial Brands PLC and gave the stock 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 3,640 ($47.01) to GBX 3,770 ($48.69) and gave the stock a “neutral” rating in a research note on Thursday, June 22nd. Finally, Jefferies Group LLC lowered their price objective on Imperial Brands PLC from GBX 4,400 ($56.83) to GBX 4,300 ($55.53) and set a “buy” rating on the stock in a research note on Monday, May 22nd. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Imperial Brands PLC currently has a consensus rating of “Buy” and a consensus price target of GBX 4,180 ($53.98).
Shares of Imperial Brands PLC (IMT) opened at 3678.00 on Friday. The company 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 52 week low of GBX 3,324.00 and a 52 week high of GBX 4,154.00.
COPYRIGHT VIOLATION NOTICE: “Imperial Brands PLC’s (IMT) “Buy” Rating Reaffirmed at Whitman Howard” was first posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this story on another publication, it was stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://www.chaffeybreeze.com/2017/09/15/imperial-brands-plcs-imt-buy-rating-reaffirmed-at-whitman-howard.html.
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.
Receive News & Ratings for Imperial Brands PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Brands PLC and related companies with MarketBeat.com's FREE daily email newsletter.