Imperial Brands (LON:IMB) Hits New 1-Year Low – Should You Sell?

Imperial Brands PLC (LON:IMB) hit a new 52-week low on Monday . The stock traded as low as GBX 2,613 and last traded at GBX 2,670, with a volume of 6013248 shares. The stock had previously closed at GBX 2,767.32.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on IMB shares. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 2,700 target price on shares of Imperial Brands in a research note on Wednesday, May 13th. UBS Group reissued a “neutral” rating and set a GBX 3,150 target price on shares of Imperial Brands in a research note on Monday, May 11th. Citigroup dropped their price objective on 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. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 3,500 price target on shares of Imperial Brands in a research note on Wednesday, May 13th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,500 target price on shares of Imperial Brands in a report on Thursday, May 28th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Imperial Brands has an average rating of “Moderate Buy” and an average target price of GBX 3,433.33.

Imperial Brands Stock Down 0.3%

The stock has a market cap of £20.11 billion, a price-to-earnings ratio of 12.33, a P/E/G ratio of 16.51 and a beta of 0.14. The company has a current ratio of 0.70, a quick ratio of 0.41 and a debt-to-equity ratio of 278.43. The firm’s 50 day moving average is GBX 2,768.89 and its two-hundred day moving average is GBX 2,933.10.

Imperial Brands (LON:IMB) last issued its quarterly earnings results on Tuesday, May 12th. The company reported GBX 127.70 earnings per share for the quarter. The company had revenue of GBX 1,471.90 billion for the quarter. Imperial Brands had a return on equity of 39.24% and a net margin of 8.96%. On average, sell-side analysts predict that Imperial Brands PLC will post 246.5723613 EPS for the current year.

Imperial Brands Company Profile