Morgan Stanley upgraded shares of Imperial Brands (OTCMKTS:IMBBY – Free Report) from an equal weight rating to an overweight rating in a research report sent to investors on Thursday morning, MarketBeat reports.
Imperial Brands Price Performance
Imperial Brands stock opened at $28.10 on Thursday. The firm has a 50 day moving average of $28.40 and a 200 day moving average of $25.78. Imperial Brands has a 12-month low of $18.94 and a 12-month high of $29.69.
Imperial Brands Announces Dividend
The business also recently declared a dividend, which will be paid on Friday, October 11th. Investors of record on Friday, August 23rd will be given a $0.2752 dividend. The ex-dividend date of this dividend is Friday, August 23rd.
Imperial Brands Company Profile
Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West, Winston, Kool, Lambert & Butler, Fortuna, Nobel, News, Backwoods, Champion, Golden Virginia, Rizla, Blu, Pulze, Skruf, and Zone X.
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