Imperial Brands' (IMB) Buy Rating Reiterated at Jefferies Financial Group

Key Points

• Jefferies reiterated a Buy rating on Imperial Brands with a GBX 3,700 price target, implying roughly a 30% upside from the current share price.
• Shares opened at GBX 2,842.59 and were trading down about 3.1%, remaining below the 50‑day (GBX 3,169.69) and 200‑day (GBX 3,135.53) moving averages.
• Notable insider selling occurred on Feb. 16 (Lukas Paravicini 30,561 shares; Murray McGowan 15,955 shares), insiders now own 0.46%, and the company shows high leverage (debt‑to‑equity 207.21) with weak liquidity (current ratio 0.74, quick ratio 0.41).

Imperial Brands (LON:IMB - Get Free Report)'s stock had its "buy" rating reissued by research analysts at Jefferies Financial Group in a report released on Wednesday,London Stock Exchange reports. They currently have a GBX 3,700 price target on the stock. Jefferies Financial Group's price target indicates a potential upside of 30.16% from the company's current price.

Imperial Brands Trading Down 3.1%

Shares of IMB opened at GBX 2,842.59 on Wednesday. The stock's fifty day simple moving average is GBX 3,169.69 and its 200 day simple moving average is GBX 3,135.53. The company has a current ratio of 0.74, a quick ratio of 0.41 and a debt-to-equity ratio of 207.21. Imperial Brands has a twelve month low of GBX 2,648 and a twelve month high of GBX 3,341. The firm has a market capitalization of £22.12 billion, a P/E ratio of 11.40, a price-to-earnings-growth ratio of 16.51 and a beta of 0.23.

Insider Activity

In other Imperial Brands news, insider Lukas Paravicini sold 30,561 shares of the company's stock in a transaction on Monday, February 16th. The stock was sold at an average price of GBX 3,219, for a total value of £983,758.59. Also, insider Murray McGowan sold 15,955 shares of Imperial Brands stock in a transaction that occurred on Monday, February 16th. The stock was sold at an average price of GBX 3,230, for a total transaction of £515,346.50. Corporate insiders own 0.46% of the company's stock.

About Imperial Brands

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