Imperial Brands (LON:IMB) Receives “Buy” Rating from Deutsche Bank Aktiengesellschaft

Imperial Brands (LON:IMB)‘s stock had its “buy” rating reissued by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Wednesday,London Stock Exchange reports. They presently have a GBX 3,500 price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 25.72% from the stock’s current price.

IMB has been the topic of a number of other research reports. Citigroup dropped their price objective on shares of Imperial Brands from GBX 3,650 to GBX 3,550 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,500 price objective on shares of Imperial Brands in a research note on Wednesday. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,700 price target on shares of Imperial Brands in a research note on Wednesday. Finally, UBS Group reissued a “neutral” rating and issued a GBX 3,150 price objective on shares of Imperial Brands in a research note on Monday. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 3,433.33.

Imperial Brands Stock Performance

Shares of IMB stock opened at GBX 2,784 on Wednesday. The company has a debt-to-equity ratio of 207.21, a quick ratio of 0.41 and a current ratio of 0.74. The stock has a market capitalization of £21.57 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 16.51 and a beta of 0.17. Imperial Brands has a one year low of GBX 2,648 and a one year high of GBX 3,341. The company’s 50-day simple moving average is GBX 2,997.08 and its 200-day simple moving average is GBX 3,099.97.

Imperial Brands (LON:IMB) last announced its quarterly earnings data on Tuesday, May 12th. The company reported GBX 127.70 earnings per share (EPS) for the quarter. The firm had revenue of GBX 1,471.90 billion for the quarter. Imperial Brands had a return on equity of 42.31% and a net margin of 10.91%. Equities analysts anticipate that Imperial Brands will post 246.5723613 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Alan Johnson purchased 645 shares of the stock in a transaction that occurred on Friday, April 10th. The shares were purchased at an average cost of GBX 3,097 per share, for a total transaction of £19,975.65. Also, insider Murray McGowan sold 15,955 shares of the firm’s stock in a transaction dated Monday, February 16th. The stock was sold at an average price of GBX 3,230, for a total transaction of £515,346.50. 0.46% of the stock is owned by company insiders.

About Imperial Brands