Imperial Brands (OTCMKTS:IMBBY) Stock Crosses Above 200-Day Moving Average - What's Next?

Imperial Brands PLC (OTCMKTS:IMBBY - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $26.37 and traded as high as $30.15. Imperial Brands shares last traded at $29.90, with a volume of 52,433 shares trading hands.

Analysts Set New Price Targets

IMBBY has been the subject of a number of research analyst reports. Barclays raised shares of Imperial Brands to a "strong-buy" rating in a research report on Wednesday, October 9th. Morgan Stanley upgraded shares of Imperial Brands from an "equal weight" rating to an "overweight" rating in a research note on Thursday, October 3rd.

Imperial Brands Trading Down 0.2 %

The firm has a fifty day moving average of $28.88 and a 200-day moving average of $26.37.

Imperial Brands Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, August 23rd were issued a $0.2752 dividend. The ex-dividend date of this dividend was 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.