Imperial Brands PLC 45.0% potential upside indicated by Barclays

Imperial Brands PLC with ticker (LON:IMB) now has a potential upside of 45.0% according to Barclays.



Barclays set a target price of 2,500 GBX for the company, which when compared to the Imperial Brands PLC share price of 1,724 GBX at opening today (26/05/2023) indicates a potential upside of 45.0%. Trading has ranged between 1,714 (52 week low) and 2,185 (52 week high) with an average of 1,677,775 shares exchanging hands daily. The market capitalisation at the time of writing is £15,801,402,804.

Imperial Brands PLC is a fast-moving consumer goods company. The Company operates through two businesses: Tobacco & NGP and Distribution. The Tobacco & NGP business comprises the manufacture, marketing, and sale of Tobacco & NGP and Tobacco & NGP-related products, including sales to (but not by) the Distribution business. The Distribution business comprises the distribution of Tobacco & NGP products for Tobacco & NGP product manufacturers, including Imperial Brands, as well as a range of non-Tobacco & NGP products and services. The Company’s segments include Europe, Americas, Africa, Asia & Australasia (AAA) and Distribution. It has a range of other tobacco products and smoking accessories, including Golden Virginia fine cut tobacco, Rizla rolling paper, Backwoods cigars, and traditional oral tobacco offerings in the Nordics such as Skruf. Its cigarette portfolio includes international brands, such as West, Davidoff, Gauloises and JPS, Winston, Nobel, and Lambert & Butler.