Key Points
- Insider sale: Director Murray McGowan sold 7,431 shares on December 16 at an average price of GBX 3,191, generating £237,123.21 in proceeds.
- Analyst sentiment: The stock has a consensus rating of "Moderate Buy" (four Buys, one Hold) with a consensus target of GBX 3,562.50 after several brokers raised price targets recently.
- Financial/valuation snapshot: Imperial Brands has a market cap of £25.58bn and a P/E of 12.82 with strong ROE (41.84%) and net margin (11.44%), but carries high leverage (debt-to-equity 166.91) and weak liquidity (quick ratio 0.41, current ratio 0.72).
Imperial Brands PLC (LON:IMB - Get Free Report) insider Murray McGowan sold 7,431 shares of the firm's stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of GBX 3,191, for a total value of £237,123.21.
Imperial Brands Price Performance
LON IMB opened at GBX 3,197 on Friday. The stock has a 50-day simple moving average of GBX 3,153.43 and a 200 day simple moving average of GBX 3,051.25. Imperial Brands PLC has a twelve month low of GBX 2,521 and a twelve month high of GBX 3,329. The stock has a market capitalization of £25.58 billion, a PE ratio of 12.82, a P/E/G ratio of 16.51 and a beta of 0.42. The company has a debt-to-equity ratio of 166.91, a quick ratio of 0.41 and a current ratio of 0.72.
Imperial Brands (LON:IMB - Get Free Report) last released its earnings results on Tuesday, November 18th. The company reported GBX 315 earnings per share (EPS) for the quarter. Imperial Brands had a return on equity of 41.84% and a net margin of 11.44%. Research analysts anticipate that Imperial Brands PLC will post 246.5723613 EPS for the current year.
Analyst Ratings Changes
Several brokerages have recently issued reports on IMB. JPMorgan Chase & Co. restated an "overweight" rating on shares of Imperial Brands in a research note on Friday, October 3rd. Royal Bank Of Canada raised their price target on shares of Imperial Brands from GBX 2,400 to GBX 2,700 and gave the stock a "sector perform" rating in a research report on Thursday, November 20th. Citigroup boosted their price objective on shares of Imperial Brands from GBX 3,425 to GBX 3,650 and gave the stock a "buy" rating in a report on Monday, November 24th. Jefferies Financial Group increased their target price on shares of Imperial Brands from GBX 3,600 to GBX 3,700 and gave the company a "buy" rating in a research note on Wednesday, November 26th. Finally, Panmure Gordon restated a "buy" rating and set a GBX 4,200 price target on shares of Imperial Brands in a research note on Wednesday, November 19th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 3,562.50.
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