Imperial Brands PLC (IMT) Rating Reiterated by Deutsche Bank AG

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Imperial Brands PLC (LON:IMT)‘s stock had its “buy” rating reissued by stock analysts at Deutsche Bank AG in a research report issued to clients and investors on Wednesday. They currently have a GBX 3,700 ($48.67) price target on the stock. Deutsche Bank AG’s target price indicates a potential upside of 16.20% from the stock’s current price.

Several other equities analysts have also recently weighed in on IMT. Whitman Howard reiterated a “buy” rating and set a GBX 5,100 ($67.08) price objective on shares of Imperial Brands PLC in a research report on Friday, September 15th. Barclays PLC set a GBX 4,300 ($56.56) price objective on shares of Imperial Brands PLC and gave the stock a “buy” rating in a research report on Wednesday, September 6th. Jefferies Group LLC lowered their price objective on shares of Imperial Brands PLC from GBX 4,200 ($55.24) to GBX 4,100 ($53.93) and set a “buy” rating on the stock in a research report on Wednesday, September 6th. UBS AG set a GBX 3,900 ($51.30) price objective on shares of Imperial Brands PLC and gave the stock a “buy” rating in a research report on Monday, October 9th. Finally, Goldman Sachs Group, Inc. (The) set a GBX 4,000 ($52.61) price objective on shares of Imperial Brands PLC and gave the stock a “buy” rating in a research report on Tuesday, October 10th. Two research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 3,995.33 ($52.55).

Imperial Brands PLC (LON IMT) traded up GBX 30.25 ($0.40) during trading on Wednesday, reaching GBX 3,184.25 ($41.88). 2,430,000 shares of the company’s stock traded hands, compared to its average volume of 2,160,000. Imperial Brands PLC has a 12-month low of GBX 3,019 ($39.71) and a 12-month high of GBX 3,956.50 ($52.04).

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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:IMT)




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