Imperial Marks (OTCMKTS:IMBBY – Get Note) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a research report released Friday, Zacks.com reports.
According to Zacks, “Imperial Brands PLC manufactures, markets and sells tobacco and tobacco-related products. It offers cigarettes, fine cut tobacco, papers, cigars, snus and smokeless tobacco products. Imperial Brands PLC , formerly known as Imperial Tobacco Group PLC, is based in Bristol, UK.
Separately, UBS Group reiterated a “neutral” rating on Imperial Brands shares in a Friday, November 19 research note. Two research analysts gave the stock a sell rating, two gave the company a hold rating and three gave the company a buy rating. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $22.00.
Shares of OTCMKTS:IMBBY traded at $0.28 during Friday trading hours, hitting $21.50. The stock recorded a trading volume of 78,035 shares, against an average volume of 181,606. The stock’s fifty-day simple moving average is $23.10 and its 200-day simple moving average is 22.07 $. Imperial Brands has a 1-year low of $19.62 and a 1-year high of $25.16. The company has a debt ratio of 1.47, a current ratio of 0.76 and a quick ratio of 0.40.
About Imperial Marks (Get a rating)
Imperial Brands Plc is a holding company engaged in the manufacture and sale of cigarettes, tobaccos, cigars, rolling papers and tubes. It operates through the Tobacco and Next Generation Products (NGP) and Distribution segments. The Tobacco and NGP segment manufactures, markets and sells tobacco and NGP, and its related products.
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