Imperial Brands (OTCMKTS:IMBBY) Given New GBX 2,000 Price Target at JPMorgan Chase & Co.

Imperial Brands (OTCMKTS:IMBBYGet Rating) had its price target reduced by equities research analysts at JPMorgan Chase & Co. from GBX 2,100 ($27.37) to GBX 2,000 ($26.06) in a research note issued to investors on Wednesday, The Fly reports.

Separately, Zacks Investment Research lowered Imperial Brands from a “buy” rating to a “sell” rating in a research note on Friday, March 18th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $1,011.00.

Shares of Imperial Brands stock traded down $0.11 during trading on Wednesday, reaching $22.15. The company’s stock had a trading volume of 112,329 shares, compared to its average volume of 181,628. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 1.47. Imperial Brands has a 1-year low of $19.62 and a 1-year high of $25.16. The company has a 50-day simple moving average of $22.42 and a two-hundred day simple moving average of $22.11.

Imperial Brands Company Profile (Get Rating)

Imperial Brands Plc is a holding company which engages in the manufacture and sale of cigarettes, tobaccos, cigars, rolling papers, and tubes. It operates through the Tobacco and Next Generation Product (NGP), and Distribution segments. The Tobacco and NGP segment manufactures, markets, and sells Tobacco and NGP, and its related products.

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