RBC Capital Markets Maintains Sector Perform Rating for Imperial Brands (IMBBF)

Analyst Coverage: RBC Capital Markets has reiterated its coverage of Imperial Brands with a "Sector Perform" recommendation, projecting a 71.13% upside based on an average one-year price target of $44.84/share.

Revenue and EPS Projections: The projected annual revenue for Imperial Brands is estimated at $9,968 million, reflecting a significant decrease of 47.49%, with a projected non-GAAP EPS of 3.27.

Fund Sentiment: There are currently 415 funds reporting positions in Imperial Brands, with a 1.47% increase in ownership over the last quarter and a total of 259,832K shares owned by institutions.

Shareholder Activity: Various funds have adjusted their holdings in Imperial Brands, with some increasing their portfolio allocations significantly, while others have decreased their shares, indicating mixed sentiment among major shareholders.