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Jefferies has downgraded Imperial Brands PLC (LSE:IMB), the tobacco company, to 'hold' from 'buy' and cut its price target to 2,700p from 3,500p, warning that German tax increases could weaken profit growth. The revised target implies a downside of around 6% from the shares' last quoted price of 2,879p.
Imperial Tobacco Group PLC (OTCMKTS:IMBBY - Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 91,296 shares, a growth of 382.7% from the September 15th total of 18,914 shares. Approximately 0.0% of the company's stock are sold
Imperial Brands PLC (LSE:IMB), the tobacco group, has launched the first £750 million tranche of a planned £1.5 billion share buyback programme running to October 2027. The company said the wider programme forms part of its commitment to an ongoing buyback programme through to 2030, alongside its progressive dividend policy.
The tobacco company expects to meet its targets for the fiscal year through September, and set out plans to buy back in shares in fiscal 2027.
Shares of Imperial Tobacco Group PLC (OTCMKTS:IMBBY - Get Free Report) hit a new 52-week low during trading on Thursday. The stock traded as low as $32.27 and last traded at $32.27, with a volume of 7965 shares traded. The stock had previously closed at $32.45. Analysts Set New Price Targets Separately, BTIG Research assumed
Imperial Brands PLC offers a compelling value proposition at a sub-8x P/E, a 7% yield, and robust cash conversion exceeding 95%. IMB's pricing power and buybacks drive 7-9% annual EPS growth, despite legacy volume declines and limited next-gen product exposure. Operational improvements—ROIC above 20%, margin expansion, and market share gains—underscore fundamental business progress beyond mechanical EPS growth.
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Imperial Brands PLC (IMBBY) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript
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