Whitman Howard Reiterates Buy Rating for Imperial Brands PLC (LON:IMT)

Whitman Howard reaffirmed their buy rating on shares of Imperial Brands PLC (LON:IMT) in a report issued on Thursday, July 20th, StockTargetPrices.com reports. The brokerage currently has a GBX 5,100 ($66.41) price target on the stock.

Several other brokerages also recently weighed in on IMT. J P Morgan Chase & Co set a GBX 3,770 ($49.09) price target on Imperial Brands PLC and gave the company a neutral rating in a report on Wednesday, June 28th. Credit Suisse Group reissued an outperform rating and issued a GBX 4,150 ($54.04) price target on shares of Imperial Brands PLC in a report on Monday, May 15th. Morgan Stanley set a GBX 4,300 ($56.00) price objective on Imperial Brands PLC and gave the company a buy rating in a research report on Thursday, May 4th. Goldman Sachs Group, Inc. (The) boosted their price objective on Imperial Brands PLC from GBX 4,070 ($53.00) to GBX 4,100 ($53.39) and gave the company a conviction-buy rating in a research report on Thursday, June 29th. Finally, Citigroup Inc. set a GBX 3,800 ($49.49) price target on Imperial Brands PLC and gave the stock a neutral rating in a research report on Wednesday, June 28th. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of Buy and an average target price of GBX 4,215.71 ($54.90).

Imperial Brands PLC (LON:IMT) traded up 1.31% during midday trading on Thursday, hitting GBX 3678.00. 2,787,997 shares of the stock were exchanged. The company’s 50 day moving average is GBX 3,654.35 and its 200-day moving average is GBX 3,758.37. Imperial Brands PLC has a 1-year low of GBX 3,324.00 and a 1-year 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.