You are here

Prices & Quotes - UK Markets - Imperial Brands (IMB)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 1,467.00p
Change Today:
18.00p
Market Cap:
13,884m
Sector:
Tobacco

RBC Capital Markets upgrades Imperial Brands, British American Tobacco

By Michele Maatouk

Date: Tuesday 22 Sep 2020

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets upgraded Imperial Brands and British American Tobacco on Tuesday, arguing that they should prioritise share buybacks.
The bank said it's hard to see how the tobacco sector can extricate itself from investors' ESG penalty box.

"If institutional investors won't buy the shares, the companies should use their plentiful free cash flow to do so instead," it said. "If they prioritised share buy backs, BAT and Imperial Brands could buy back their current market values in nine and seven years, respectively. Consequently, we raise our ratings to 'outperform' from 'sector perform' for both companies."

RBC said that while it expects organic sales growth to moderate in 2020 for BAT, mainly due to the Covid lockdown in South Africa and for Imperial Brands due to a decline in next generation products sales, it does not anticipate anything to suggest a permanently lower level of ongoing sales growth.

"What is more, the traditional volume/value trade-off seems to be intact," it said.

RBC lifted its price target on Imperial brands to 1,900p from 1,800p and on BAT to 3,200p from 2,700p.

At 1120 BST, BAT shares were up 3% at 2,702.62p and Imperial Brands shares were 2.9% higher at 1,380p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

IMB Market Data

Currency UK Pounds
Price 1,467.00p
Change Today 18.00p
52 Week High 2,045.50p
52 Week Low 1,219.00p
Volume 1,946,740
Shares Issued 946.41m
Market Cap 13,884m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Price Trend
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Growth
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
PEG
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Dividend Yield
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
EPS Growth
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 15
Buy 0
Neutral 3
Sell 0
Strong Sell 0
Total 18
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IMB Dividends

  Latest Previous
  Final 3rd Interim
Ex-Div 18-Feb-21 26-Nov-20
Paid 31-Mar-21 31-Dec-20
Amount 48.01p 48.00p

Trades for 04-Dec-2020

Time Volume / Share Price
16:35 341 @ 1,467.00p
16:35 386 @ 1,467.00p
16:35 8 @ 1,467.00p
16:35 926,708 @ 1,467.00p
16:29 145 @ 1,467.50p

IMB Key Personnel

CFO Oliver Tant
Chair Therese Esperdy
CEO Stefan Bomhard