Imperial Brands' (IMB) Overweight Rating Reaffirmed at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. reaffirmed its "overweight" rating for Imperial Brands, indicating strong expectations for the stock's performance.
• As of Friday, Imperial Brands' stock opened at GBX 3,065 with a market capitalization of £24.74 billion.
• Insider Alan Johnson purchased 600 shares of the company at an average price of GBX 3,066 per share, showcasing confidence from company insiders.

Imperial Brands (LON:IMB - Get Free Report)'s stock had its "overweight" rating reissued by stock analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday,Digital Look reports.

Imperial Brands Stock Performance

Imperial Brands stock opened at GBX 3,065 on Friday. The company has a debt-to-equity ratio of 166.91, a current ratio of 0.72 and a quick ratio of 0.41. The firm has a market capitalization of £24.74 billion, a P/E ratio of 1,023.03, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42. Imperial Brands has a 1-year low of GBX 2,139 and a 1-year high of GBX 3,213. The company's 50-day moving average is GBX 3,072.98 and its 200 day moving average is GBX 2,947.64.

Insider Transactions at Imperial Brands

In other Imperial Brands news, insider Alan Johnson acquired 600 shares of the business's stock in a transaction on Thursday, September 18th. The shares were bought at an average price of GBX 3,066 per share, with a total value of £18,396. 0.42% of the stock is currently owned by insiders.

Imperial Brands Company Profile

We are Imperial Brands, a global consumer-focused organisation and the fourth largest international tobacco company. We're driven by our purpose: to forge a path to a healthier future for moments of relaxation and pleasure. The world's one billion adult smokers are seeking new and potentially less harmful products and we are committed to meeting their diverse and evolving needs.

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