Imperial Brands (OTCMKTS:IMBBY) Rating Increased to Overweight at Morgan Stanley

Imperial Brands (OTCMKTS:IMBBY) was upgraded by research analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research note issued to investors on Thursday, MarketBeat.com reports.

Imperial Brands Stock Performance

OTCMKTS:IMBBY opened at $28.24 on Thursday. The business has a fifty day moving average price of $28.41 and a 200-day moving average price of $25.79. Imperial Brands has a one year low of $20.00 and a one year high of $29.69.

About Imperial Brands

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.