Ticker

Imperial Brands offers a compelling value at 8.6x forward P/E with a 5.6% yield, trading below historical norms. IMBBY's pricing power and growth in next-generation products drive high single-digit EPS growth guidance, despite industry volume declines. Disciplined capital allocation, a BBB credit rating, and 11% share count reduction over three years enhance shareholder returns.

Bank of America has upgraded Imperial Brands PLC (LSE:IMB) to 'buy' from 'neutral', arguing the market has overreacted to a collapse in the tobacco group's Australian business. The bank kept its price objective at 3,200p, implying around 20% upside, and said the roughly 13% share price fall since April offers an attractive entry point.

The U.S. Food and Drug Administration proposed a rule on Friday that would require foreign tobacco product makers to ​register their facilities and list products sold in the country.

Imperial Brands PLC (IMBBY) Presents at 23rd annual dbAccess Global Consumer Conference Transcript

Imperial Brands LON: IMB executives said the company has made a strong start to its 2026 financial year and its Strategy 2030 plan, with management emphasizing disciplined growth in next-generation products, continued value creation in combustibles and a multiyear efficiency program.