RBC Capital Markets upgraded Imperial Brands Plc (OTC:IMBBY) from Sector Perform to Outperform in a report released today.

RBC Capital Markets has upgraded Imperial Brands Plc (OTC:IMBBY) from Sector Perform to Outperform in a report released on 8/21/2017.

Just yesterday Imperial Brands Plc (OTC:IMBBY) traded -1.51% lower at $42.04. Imperial Brands Plc’s 50-day moving average is $44.25 and its 200-day moving average is $47.11. The last stock price is down -11.11% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has increased 0.05% over the same time period. 0 shares of IMBBY traded hands, down from an average trading volume of 109,541

Recent Performance Chart

Imperial Brands Plc has 52 week low of $41.50 and a 52 week high of $54.91 with a PE ratio of 30.32 and has a market capitalization of $0.

In addition to RBC Capital Markets reporting its stock price target, a total of 1 brokerage has issued a ratings update on the company. The average stock price target is $66.00 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Imperial Brands Plc (OTC:IMBBY)

Imperial Brands PLC, formerly Imperial Tobacco Group PLC, is a fast-moving consumer goods company. The Company offers a range of cigarettes, fine cut and smokeless tobaccos, papers and cigars. The Company’s segments include Growth Markets, USA, Returns Markets North, Returns Markets South and Logistics. The Growth Markets segment includes Iraq, Norway, Russia, Saudi Arabia and Taiwan, and also includes Premium Cigar and Fontem Ventures. The Returns Markets North segment includes Australia, Belgium, Germany, the Netherlands, Poland and the United Kingdom. The Returns Markets South segment includes France, Spain and its African markets, including Algeria, Ivory Coast and Morocco. Its businesses include Tobacco and Logistics. The Tobacco business comprises the manufacture, marketing and sale of tobacco and tobacco-related products. The Logistics business comprises the distribution of tobacco products for tobacco product manufacturers.

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