Imperial Brands Plc (LON:IMB) has been retained to Buy in a report by Beaufort Securities today.
- Updated: September 29, 2016
Beaufort Securities has retained Imperial Brands Plc (LON:IMB) to Buy in a report released on 9/30/2016.
Previously on 09/21/2016, Jefferies International reported on Imperial Brands Plc (LON:IMB) raised the target price from 3,550.00GBX to 4,600.00GBX. At the time, this indicated a possible upside of 0.15%.
Yesterday Imperial Brands Plc (LON:IMB) traded 0.78% higher at 3,931.00GBX. The company’s 50-day moving average is 4,009.89GBX and its 200-day moving average is 3,869.35GBX. The last closing price is up 2.36% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,892,736 shares of the stock were exchanged, up from an average trading volume of 1,859,360
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Imperial Brands Plc has a 52 week low of 3,323.00GBX and a 52 week high of 4,154.00GBX with a P/E ratio of 33.56 The company’s market cap is currently 0 GBX.
General Information 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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