Imperial results hurt by slow-down, investment


IMB has been the topic of a number of research reports.

Whitman Howard gave the share price of Imperial Brands Plc a price target of 5100 meaning the broker expects a potential upside of 34.56% from Imperial Brands Plc's current market price of 3790.

The group said net revenue of its tobacco business was £3.72bn, up 9.3 per cent and in line with forecasts. Berenberg Bank reiterated a "buy" rating and issued a GBX 3,543 ($45.75) price target (down previously from GBX 4,280 ($55.26)) on shares of Imperial Brands PLC in a report on Wednesday, January 4th. Finally, BNP Paribas raised their price target on shares of Imperial Brands PLC from GBX 4,000 ($51.65) to GBX 4,650 ($60.04) and gave the stock an "outperform" rating in a research report on Wednesday, February 22nd. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, ten have issued a buy recommendation and one has given a strong buy recommendation to the company. The stock presently has an average rating of "Buy" and a consensus target price of GBX 4,140.21 ($53.46).

Turkey's Erdogan to become AKP leader
By taking over the party, Erdogan would also be able to exert control over the rival personalities and different factions within the AKP.

Imperial Brands Plc (LON:IMB) has a 50 day moving average of 3848.66 and a 200 day moving average of 3700.03. 2,787,997 shares of the company traded hands. Imperial Brands PLC has a 52 week low of GBX 3,324.00 and a 52 week high of GBX 4,154.00.

TRADEMARK VIOLATION NOTICE: This article was first reported by Community Financial News and is owned by of Community Financial News. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of USA & global trademark & copyright legislation.

About a year after jettisoning the word "tobacco" from its name, Imperial Brands is stepping up efforts to move beyond its main product as the cigarette market becomes more competitive and government regulations and taxes weigh on the industry outlook.

Portland's Nurkic out Game 2, Warriors' Durant questionable
He threw down an alley-oop dunk from Curry on his first possession, and completed two more alley-oops in the next three minutes. McCollum scored a playoff career-high 41 points and Lillard added 34 in another impressive performance in his hometown.

Imperial, the third-largest cigarette company in the US, said its Winston and Kool brands had increased market share over the half while mass market cigars are performing well.

The company said it had invested in developing its footprint during the period with its Growth and Specialist brands reporting an increase in market share.

The Heat Sticks Around While Storms Arrive Late Into The Weekend
Saturday , there is a 90 percent chance of showers, with thunderstorms possible after 1 p.m., the weather service said. Less than a tenth of an inch of total rainfall is expected, and the low will be around 59.