Imperial Brands stock holds firm as BofA sticks to Buy rating and GBP 32 target
Published on 09/18/2026 at 19:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Imperial Brands stock (ISIN GB0004544929) ended the last completed trading session on September 16, 2026 at GBp 2,507.00 on the London Stock Exchange, 0.36 percent lower than the previous close, giving investors a stable but cautious reference point ahead of the latest analyst commentary.
Imperial Brands stock under BofA spotlight
As Finimize reported on September 18, 2026, BofA Global Research has reiterated its Buy rating on Imperial Brands and maintained a price target of GBP 32 per share for the stock.
According to Finimize, BofA expects Imperial Brands to beat profit expectations for fiscal year 2026, indicating that the bank sees the company’s earnings power as stronger than current consensus implies.
This stance gives investors a clear benchmark: with the stock at GBp 2,507.00 on September 16, 2026 and a price target of GBP 32.00, the analyst house continues to project meaningful upside over the medium term if Imperial Brands delivers on its profit trajectory.
Buyback activity and recent trading range
At the close on September 16, 2026, Imperial Brands stock finished at GBp 2,507.00 on the London Stock Exchange, having traded during that session in a narrow intraday range between GBp 2,495.00 and GBp 2,514.00, which underscores the limited short-term volatility around the share.
Per a corporate buyback notice summarized in a recent exchange-related update, Imperial Brands PLC repurchased around 200,000 shares for cancellation on September 16, 2026, continuing its capital-return policy and supporting earnings per share as the total share count declines.
This combination of analyst confidence and ongoing buybacks is a core part of the current investment case: a stable trading range near GBp 2,500.00, active capital management, and a major global bank expecting fiscal 2026 profits to exceed market forecasts.
Stock valuation and investor takeaway
For investors, the key signal on September 18, 2026 is that despite a modest 0.36 percent decline in the last session, Imperial Brands stock remains supported by both corporate actions and a Buy rating from BofA with a GBP 32 price target, framing the shares as an income and value play with potential for profit-driven re-rating.
Imperial Brands stock facts
- Company: Imperial Brands PLC
- ISIN: GB0004544929
- Ticker: IMB
- Trading venue: London Stock Exchange
- Price (as of September 16, 2026): 2,507.00 GBp
- Sector / Industry: Consumer Staples / Tobacco
- Index membership: FTSE 100
