A statement released earlier today by JP Morgan Cazenove about Imperial Brands Plc (LON:IMB) maintains the target price at 4,230.00GBX
- Updated: October 8, 2016
Boasting a price of 4,001.50GBX, Imperial Brands Plc (LON:IMB) traded -0.75% lower on the day. With the last stock price close up -0.46% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Imperial Brands Plc has recorded a 50-day average of 3,986.31GBX and a two hundred day average of 3,876.23GBX. Volume of trade was up over the average, with 3,423,329 shares of IMB changing hands over the typical 1,893,700
JP Morgan Cazenove hold steady the target of Imperial Brands Plc (LON:IMB) at 4,230.00GBX stating a potential upside of 0.06%.
With a total market value of 0 GBX, Imperial Brands Plc has price-earnings ratio of 32.70 with a one year low of 3,393.00GBX and a one year high of 4,154.00GBX .
Brief Synopsis About Imperial Brands Plc (LON:IMB)
Imperial Brands PLC, formerly Imperial Tobacco Group PLC, is a fast-moving consumer goods company. The Company focuses on tobacco portfolio that offers a range of cigarettes, fine cut and smokeless tobaccos, and papers and cigars. The Company's segments are Returns Markets North, Returns Markets South, Growth Markets (which includes its Cuban joint ventures and Fontem Ventures), USA and Logistics. The Company's Returns Markets North segment includes Australia, Belgium, Germany, Netherlands, Poland and the United Kingdom. Its Returns Markets South segment includes France, Spain and its African markets, including Algeria, Ivory Coast and Morocco. Its Growth Markets segment includes Iraq, Norway, Russia, Saudi Arabia and Taiwan. Its business includes Tobacco and Logistics. The Tobacco business comprises the manufacture, marketing and sale of tobacco and tobacco-related products. The Logistics business comprises the distribution of tobacco products for tobacco product manufacturers.
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