RBC Capital Markets upgrades Imperial Brands, British American Tobacco
22nd Sep 2020 09:51
(Sharecast News) - RBC Capital Markets upgraded Imperial Brands and British American Tobacco on Tuesday, arguing that they should prioritise share buybacks.
Read moreFriday broker round-up
4th Sep 2020 13:53
(Sharecast News) - Imperial Brands: JP Morgan upgrades to overweight with a target price of 1,650.0p.
Read moreJPMorgan upgrades Imperial Brands to 'overweight'
4th Sep 2020 08:21
(Sharecast News) - JPMorgan Cazenove upgraded its rating on shares of Imperial Brands on Friday to 'overweight' from 'neutral', as it said the current valuation is pricing in severe downside risks, leaving the risk/reward tilted strongly to the upside following the dividend cut in May.
Read moreMorgan Stanley says British American Tobacco's ability to grow is underappreciated
2nd Sep 2020 13:48
(Sharecast News) - Morgan Stanley reiterated its 'overweight' stance on shares of British American Tobacco, telling clients that the company's ability to offset the ongoing decline in the ranks of smokers and a potential ban in the US on flavours was going underappreciated.
Read moreImperial Brands seeks new CFO as Tant quits
6th Aug 2020 09:51
(Sharecast News) - Imperial Brands is looking for a new finance chief after Oliver Tant decided to step down after almost seven years in the job.
Read morePhilip Morris sees earnings slide, beats forecasts
21st Jul 2020 12:23
(Sharecast News) - Shares in Philip Morris International sparked in pre-market trading on Tuesday, after its second-quarter numbers beat expectations and the US tobacco giant reinstated full-year forecasts.
Read moreMonday broker round-up
20th Jul 2020 13:32
(Sharecast News) - British American Tobacco: Jefferies downgrades to hold with a target price of 3,000.0p.
Read moreWednesday broker round-up
8th Jul 2020 14:03
(Sharecast News) - Persimmon: Peel Hunt upgrades to add with a target price of 2,730.0p.
Read moreWednesday broker round-up
20th May 2020 13:56
(Sharecast News) - Great Portland Estates: Peel Hunt downgrades to reduce with a target price of 630p.
Read moreImperial Brands slashes dividend by 33%, sees Covid-19 hit in H2
19th May 2020 07:00
(Sharecast News) - Tobacco giant Imperial Brands on Tuesday slashed its dividend by more than a third as it tried to speed up debt reduction and warned of a Covid-19-related hit in the second half.
Read moreTuesday preview: UK employment, Imperial Brands in focus
18th May 2020 15:34
(Sharecast News) - The focus on Tuesday will shift back towards the UK and the March employment report.
Read moreImperial Brands to sell premium cigar businesses for €1.23bn
27th Apr 2020 10:47
(Sharecast News) - Imperial Brands has agreed to sell its worldwide premium cigar businesses for €1.23bn.
Read morePhilip Morris withdraws FY guidance despite Q1 earnings beat
21st Apr 2020 12:38
(Sharecast News) - Tobacco giant Philip Morris saw first-quarter profits and sales come in higher year-on-year, but withdrew its 2020 full-year guidance on Tuesday all the same as a result of the Covid-19 pandemic.
Read moreAlmost a third of FTSE 100 cut or scrap dividends
15th Apr 2020 12:01
(Sharecast News) - Almost one-third of FTSE 100 companies have cut or scrapped their dividends during the coronavirus crisis, leaving investors relying on 10 companies for two-thirds of the index's likely payouts in 2020, research shows.
Read moreImperial Brands trades in line and unveils £3.1bn credit facility
31st Mar 2020 07:02
(Sharecast News) - Imperial Brands said Covid-19 had no material effect on its trading so far as the cigarette and vaping company unveiled a new €3.5bn (£3.1bn) revolving credit facility with its lenders.
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