On December 25th, “Market Heat” reported that an independent research institution conducted multiple studies on the stocks of Imperial Brands PLC, a tobacco company.
On November 20, JPMorgan Chase lowered its target stock price for Imperial Tobacco from £2350 to £2250 and rated the company as “overweight”. Barclays also revised down its target stock price for Imperial Tobacco from £2500 to £2400 on September 26 and rated the company as “overweight”. Citigroup upgraded its rating for Imperial Tobacco to “buy” on October 6. On November 15, Deutsche Bank reissued a “buy” rating for Imperial Tobacco in a research report and set a target stock price of £2325. Finally, in a research report on November 15, Jefferies Financial Group reiterated a “hold” rating for Imperial Tobacco.
According to reports, Imperial Tobacco’s stock opened on Monday at £1819. The company has a debt-to-equity ratio of 157.30, a quick ratio of 0.41, and a cash ratio of 0.72. In the past year, Imperial Tobacco’s stock has reached a low of £1553.50 and a high of £2114 over a 52-week period. The company has an estimated market capitalization of approximately £160.9 billion, with a price-to-earnings ratio of 724.70, a PEG ratio of 15.14, and a beta value of 0.44.
The Imperial Tobacco Company and its subsidiaries manufacture, import, and sell tobacco and tobacco-related products in Europe, the Americas, Africa, Asia, and Australia. Their product range includes various cigarette brands, high-quality tobacco, rolling papers, cigars, and traditional smokeless tobacco; as well as next-generation product (NGP) offerings such as e-cigarette products, nicotine pouches, and heated tobacco products.
