Imperial Brands PLC (IMB.L) 20-02-20
Imperial Brands PLC (IMB.L) shares have fallen significantly from the most recent highs of 2648.5p. Will it continue, or is this an opportunity to pick some up?
- A return to previous highs would represent a rise of 52%. Now at 1733.4p (at time of writing).
- This is one of the biggest fallers of late.
- Traders should consider whether it is down for good reason, or is this another over-reaction?
- Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
- Shares -34% from 12-month highs; +3% from 12 month lows.
Latest News
17 Feb: Deutsche Bank reiterates its buy rating on Imperial Brands Plc (IMB) and reduced the target price to 2400p (from 3250p).
07 Feb: UBS reiterates its neutral rating on Imperial Brands Plc (IMB) and reduced the target price to 1700p (from 1790p).
05 Feb: Credit Suisse reiterates its outperform rating on Imperial Brands Plc (IMB) and reduced the target price to 2850p (from 3000p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires