A number of other equities research analysts also recently issued reports on IMB. Jefferies Financial Group upped their price objective on shares of EXACT Sciences from $100.00 to $115.00 and gave the stock a buy rating in a research report on Wednesday, May 1st. Credit Suisse Group reaffirmed an outperform rating and issued a GBX 2,012 ($26.29) price objective on shares of Aston Martin Lagonda Global in a research report on Wednesday, May 1st. JPMorgan Chase & Co. set a €33.40 ($38.84) price objective on shares of Siemens Healthineers and gave the stock a neutral rating in a research report on Thursday, July 11th. Morgan Stanley began coverage on shares of in a research report on Monday, June 17th. They issued an equal weight rating and a GBX 215 ($2.81) price objective for the company. Finally, Deutsche Bank reaffirmed a buy rating and issued a GBX 3,400 ($44.43) price objective on shares of in a research report on Tuesday, July 9th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of GBX 2,818.64 ($36.83).
Shares of IMB stock opened at GBX 2,145 ($28.03) on Friday. Imperial Brands has a 52-week low of GBX 1,821.40 ($23.80) and a 52-week high of GBX 3,009 ($39.32). The company has a quick ratio of 0.32, a current ratio of 0.68 and a debt-to-equity ratio of 241.51. The stock has a 50-day moving average price of GBX 1,967.27. The company has a market cap of $20.52 billion and a P/E ratio of 13.20.
The company also recently disclosed a dividend, which will be paid on Monday, September 30th. Shareholders of record on Thursday, August 22nd will be given a GBX 31.28 ($0.41) dividend. This represents a yield of 1.34%. The ex-dividend date is Thursday, August 22nd. Imperial Brands’s payout ratio is 0.77%.
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.
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