Good H1 figures and the turnaround plan on track make the risk/reward tilt upwards given the recent underperformance against BAT. However, we continue to believe that IMB’s combustible focus strategy is not the right one and we see much more positive catalysts when looking at BAT.
17 May 2022
Encouraging H1 figures, but we don't bet too much on the mid-term strategy
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Encouraging H1 figures, but we don't bet too much on the mid-term strategy
Imperial Brands PLC (IMB:LON) | 1,754 236.8 0.8% | Mkt Cap: 15,157m
- Published:
17 May 2022 -
Author:
Laura Parisot -
Pages:
3
Good H1 figures and the turnaround plan on track make the risk/reward tilt upwards given the recent underperformance against BAT. However, we continue to believe that IMB’s combustible focus strategy is not the right one and we see much more positive catalysts when looking at BAT.