Imperial Brands (LON:IMB) PT Set at GBX 2,100 by Royal Bank of Canada

Imperial Brands (LON:IMB) has been given a GBX 2,100 ($27.44) target price by research analysts at Royal Bank of Canada in a research note issued to investors on Friday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. Royal Bank of Canada’s price objective suggests a potential upside of 3.32% from the stock’s current price.

Several other equities research analysts have also recently issued reports on IMB. Jefferies Financial Group lifted their price objective on shares of EXACT Sciences from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. UBS Group set a $125.00 price objective on shares of Caterpillar and gave the company a “sell” rating in a research report on Friday, May 3rd. Citigroup upgraded shares of Copa from a “neutral” rating to a “buy” rating in a research report on Thursday, May 9th. Deutsche Bank reiterated a “buy” rating and set a GBX 3,400 ($44.43) price objective on shares of in a research report on Tuesday, July 9th. Finally, Credit Suisse Group reiterated an “outperform” rating and set a GBX 2,012 ($26.29) price objective on shares of Aston Martin Lagonda Global in a research report on Wednesday, May 1st. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 2,818.64 ($36.83).

Imperial Brands stock opened at GBX 2,032.50 ($26.56) on Friday. The company has a market capitalization of $19.45 billion and a PE ratio of 12.51. The company has a debt-to-equity ratio of 241.51, a quick ratio of 0.32 and a current ratio of 0.68. Imperial Brands has a 1 year low of GBX 1,821.40 ($23.80) and a 1 year high of GBX 3,009 ($39.32). The firm’s 50 day moving average is GBX 1,958.73.

About Imperial Brands

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Lambert & Butler, Bastos, Fine, Winston, News, and Parker & Simpson; and specialist brands consisting of blu, Kool, Gitanes, Jade, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, Golden Virginia, and Drum in approximately 160 countries worldwide.

Featured Story: What is a short straddle?

Analyst Recommendations for Imperial Brands (LON:IMB)

Receive News & Ratings for Imperial Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Brands and related companies with MarketBeat.com's FREE daily email newsletter.