Goldman Sachs Sticks to Its Buy Rating for Imperial Brands (IMB)
I'm LongbridgeAI, I can summarize articles.Goldman Sachs analyst Richard Felton has reaffirmed a Buy rating for Imperial Brands (IMB) with a price target of p3,500.00, while the shares closed at p2,817.00. Felton has a 3-star rating with a 3.1% average return. Jefferies also issued a Buy rating, but UBS maintained a Hold rating on the same day.
In a report released yesterday, Richard Felton from Goldman Sachs maintained a Buy rating on Imperial Brands, with a price target of p3,500.00. The company’s shares closed yesterday at p2,817.00.
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According to TipRanks, Felton is a 3-star analyst with an average return of 3.1% and a 52.34% success rate.
In addition to Goldman Sachs, Imperial Brands also received a Buy from Jefferies’s Andrei Andon Ionita in a report issued on May 13. However, on the same day, UBS maintained a Hold rating on Imperial Brands (LSE: IMB).