Imperial Brands (LON:IMB) Earns Buy Rating from Deutsche Bank Aktiengesellschaft

Imperial Brands (LON:IMB)‘s stock had its “buy” rating reissued by Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. They currently have a GBX 3,500 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 24.46% from the company’s previous close.

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,700 target price on shares of Imperial Brands in a report on Wednesday. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,530.

Imperial Brands Trading Down 0.6%

Shares of IMB stock opened at GBX 2,812.08 on Wednesday. The company has a market cap of £21.89 billion, a P/E ratio of 11.28, a PEG ratio of 16.51 and a beta of 0.23. The stock has a 50 day simple moving average of GBX 3,154.42 and a two-hundred day simple moving average of GBX 3,131.38. The company has a debt-to-equity ratio of 207.21, a quick ratio of 0.41 and a current ratio of 0.74. Imperial Brands has a fifty-two week low of GBX 2,648 and a fifty-two week high of GBX 3,341.

Insider Buying and Selling at Imperial Brands

In other Imperial Brands news, insider Lukas Paravicini sold 30,561 shares of the firm’s stock in a transaction that occurred on Monday, February 16th. The stock was sold at an average price of GBX 3,219, for a total value of £983,758.59. Also, insider Alan Johnson acquired 645 shares of Imperial Brands stock in a transaction on Friday, April 10th. The stock was purchased at an average cost of GBX 3,097 per share, with a total value of £19,975.65. Insiders own 0.46% of the company’s stock.

About Imperial Brands