Why Deutsche Bank Has Just Restated Their “Buy” Rating For Imperial Brands Plc (LON:IMB) Shares

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Imperial Brands Plc (LON:IMB) Rating Reaffirmed

Imperial Brands Plc (LON:IMB) has had their stock rating restated as a solid “Buy” by professional analysts at Deutsche Bank. This was revealed to investors in a note on Friday morning.

Imperial Brands PLC (LON:IMB) Ratings Coverage

Among 3 analysts covering Imperial Brands Plc (LON:IMB), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Imperial Brands Plc has GBX 3300 highest and GBX 2100 lowest target. GBX 2666.67’s average target is 27.71% above currents GBX 2088 stock price. Imperial Brands Plc had 27 analyst reports since February 22, 2019 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, March 28 by Citigroup. The firm earned “Outperform” rating on Thursday, March 21 by Credit Suisse. The firm earned “Overweight” rating on Thursday, May 23 by Barclays Capital. The company was upgraded on Thursday, May 9 by Citigroup. Morgan Stanley maintained the stock with “Underweight” rating in Monday, June 17 report.

The stock decreased 0.05% or GBX 1 during the last trading session, reaching GBX 2088. About 1.32M shares traded. Imperial Brands PLC (LON:IMB) has 0.00% since August 16, 2018 and is . It has by 0.00% the S&P500.

Imperial Brands PLC, together with its subsidiaries, makes, markets, and sells tobacco and tobacco-related products. The company has market cap of 19.92 billion GBP. It offers cigarettes, fine cut tobacco, papers, cigars, snus, and smokeless tobacco products. It has a 12.85 P/E ratio. The firm sells its products under the Davidoff, Gauloises Blondes, JPS, West, Fine, News, Winston, Bastos, Lambert & Butler, Parker & Simpson, Style, Gitanes, Golden Virginia, Drum, Route 66, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, and Rizla brand names in approximately 160 countries.

More notable recent Imperial Brands PLC (LON:IMB) news were published by: Finance.Yahoo.com which released: “Here’s What Imperial Brands PLC’s (LON:IMB) P/E Ratio Is Telling Us – Yahoo Finance” on July 29, 2019, also Finance.Yahoo.com with their article: “Should You Worry About Imperial Brands PLC’s (LON:IMB) CEO Pay? – Yahoo Finance” published on May 02, 2019, Finance.Yahoo.com published: “Imperial Brands PLC (LON:IMB): What Does The Future Look Like? – Yahoo Finance” on June 10, 2019. More interesting news about Imperial Brands PLC (LON:IMB) were released by: Finance.Yahoo.com and their article: “Is Imperial Brands PLC (LON:IMB) A Smart Pick For Income Investors? – Yahoo Finance” published on July 08, 2019 as well as Finance.Yahoo.com‘s news article titled: “What Should You Know About GB Group plc’s (LON:GBG) Growth? – Yahoo Finance” with publication date: June 22, 2019.

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