Shares of Imperial Brands PLC (LON:IMB) have been given a consensus rating of “Buy” by the sixteen analysts that are currently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 3,946.79 ($53.12).
Several analysts have weighed in on the stock. Berenberg Bank dropped their price objective on shares of Imperial Brands from GBX 3,780 ($50.87) to GBX 3,765 ($50.67) and set a “buy” rating for the company in a research note on Wednesday, December 13th. Morgan Stanley set a GBX 3,400 ($45.76) price objective on shares of Imperial Brands and gave the stock a “neutral” rating in a research note on Monday, December 11th. Goldman Sachs Group set a GBX 3,740 ($50.34) price objective on shares of Imperial Brands and gave the stock a “buy” rating in a research note on Monday, December 11th. J P Morgan Chase & Co reiterated a “neutral” rating on shares of Imperial Brands in a research note on Tuesday, December 5th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 3,400 ($45.76) price objective on shares of Imperial Brands in a research note on Wednesday, November 29th.
Shares of Imperial Brands (IMB) opened at GBX 3,085 ($41.52) on Monday. Imperial Brands has a 12 month low of GBX 3,013 ($40.55) and a 12 month high of GBX 3,956.50 ($53.25).
The company also recently announced a dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, February 22nd will be given a GBX 59.51 ($0.80) dividend. This represents a dividend yield of 1.87%. The ex-dividend date of this dividend is Thursday, February 22nd.
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Imperial Brands 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.
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