In a report released today, Philip Spain from J.P. Morgan reiterated a Buy rating on Imperial Brands. The company’s shares opened today at p3,069.00.
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According to TipRanks, Spain is a 2-star analyst with an average return of 1.6% and a 63.16% success rate. Spain covers the Consumer Defensive sector, focusing on stocks such as Philip Morris, Coca Cola HBC, and Imperial Brands.
Currently, the analyst consensus on Imperial Brands is a Strong Buy with an average price target of p3,563.00.
The company has a one-year high of p3,213.00 and a one-year low of p2,139.00. Currently, Imperial Brands has an average volume of 1.73M.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of IMB in relation to earlier this year.
Read More on GB:IMB:
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- Imperial Brands Executes Share Repurchase, Reducing Share Count
- Imperial Brands Executes Share Buyback to Enhance Shareholder Value
- Imperial Brands Announces Share Capital and Voting Rights Update
- Imperial Brands PLC Executes Share Repurchase and Cancellation
- Imperial Brands Executes Share Buyback, Reducing Share Count