Jefferies upgraded Imperial Brands (OTCMKTS:IMBBY) from Hold to Buy in a report released today.
- Updated: September 20, 2016
Just yesterday Imperial Brands (OTCMKTS:IMBBY) traded -2.23% lower at $52.11. IMBBY’s 50-day average is $52.83 and its two hundred day average is $53.37. With the last close down -4.53% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 9,296 shares of IMBBY changing hands under the typical 63,320
Jefferies has upgraded Imperial Brands (OTCMKTS:IMBBY) from Hold to Buy in a report released on Wednesday September 21, 2016.
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Imperial Brands has a 52 week low of $48.57 and a 52 week high of $55.84 with a P/E ratio of 32.43 The company’s market cap is currently $0.
Also covering Imperial Brands's target price, a total of 1 firm has released a ratings update on IMBBY. The one year target price is $66.00 with zero brokerages rating the stock a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero brokers rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Company Details For Imperial Brands (OTCMKTS:IMBBY)
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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