J P Morgan Chase & Co Reaffirms Neutral Rating for Imperial Brands PLC (IMT)

Imperial Brands PLC (LON:IMT)‘s stock had its “neutral” rating reissued by equities research analysts at J P Morgan Chase & Co in a research note issued to investors on Monday, July 31st. They presently have a GBX 3,770 ($48.94) price target on the stock. J P Morgan Chase & Co’s target price would suggest a potential upside of 2.50% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. Jefferies Group LLC dropped their price objective on shares of Imperial Brands PLC from GBX 4,400 ($57.12) to GBX 4,300 ($55.82) and set a “buy” rating for the company in a research report on Monday, May 22nd. UBS AG set a GBX 4,100 ($53.23) price objective on shares of Imperial Brands PLC and gave the stock a “buy” rating in a research report on Wednesday, April 19th. Berenberg Bank restated a “buy” rating and issued a GBX 4,200 ($54.52) price objective on shares of Imperial Brands PLC in a research report on Monday, May 15th. Deutsche Bank AG dropped their price objective on shares of Imperial Brands PLC from GBX 4,350 ($56.47) to GBX 4,100 ($53.23) and set a “buy” rating for the company in a research report on Thursday, May 4th. Finally, Morgan Stanley set a GBX 4,300 ($55.82) target price on shares of Imperial Brands PLC and gave the company a “buy” rating in a research report on Thursday, May 4th. Three analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of GBX 4,215.71 ($54.73).

Imperial Brands PLC (LON IMT) opened at 3678.00 on Monday. The stock’s 50 day moving average price is GBX 3,654.35 and its 200 day moving average price is GBX 3,758.37. Imperial Brands PLC has a 12 month low of GBX 3,324.00 and a 12 month high of GBX 4,154.00.

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Imperial Brands PLC 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.

Analyst Recommendations for Imperial Brands PLC (LON:IMT)

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