Imperial Tobacco Group PLC (IMBBY) Rating Lowered to Neutral at Credit Suisse Group AG
Imperial Tobacco Group PLC (OTCMKTS:IMBBY) was downgraded by Credit Suisse Group AG from an “outperform” rating to a “neutral” rating in a report released on Wednesday.
IMBBY has been the subject of several other reports. Societe Generale reaffirmed a “buy” rating on shares of Imperial Tobacco Group PLC in a report on Tuesday, June 28th. Zacks Investment Research raised shares of Imperial Tobacco Group PLC from a “hold” rating to a “buy” rating and set a $61.00 price target for the company in a report on Monday, September 5th. Deutsche Bank AG reissued a “buy” rating on shares of Imperial Tobacco Group PLC in a report on Sunday, July 31st. Royal Bank Of Canada raised shares of Imperial Tobacco Group PLC from an “underperform” rating to a “sector perform” rating in a report on Friday, June 17th. Finally, Bank of America Corp. reissued a “buy” rating on shares of Imperial Tobacco Group PLC in a report on Wednesday, June 15th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Imperial Tobacco Group PLC presently has a consensus rating of “Buy” and a consensus target price of $2,130.50.
Imperial Tobacco Group PLC (OTCMKTS:IMBBY) opened at 51.705 on Wednesday. The company has a market cap of $49.31 billion, a PE ratio of 32.912 and a beta of 0.62. The firm has a 50-day moving average of $52.73 and a 200 day moving average of $53.34. Imperial Tobacco Group PLC has a 52-week low of $48.57 and a 52-week high of $55.84.
Imperial Tobacco Group PLC Company Profile
Imperial Brands PLC, formerly Imperial Tobacco Group PLC, is a fast-moving consumer goods company. The Company focuses on tobacco portfolio that offers a range of cigarettes, fine cut and smokeless tobaccos, and papers and cigars. The Company’s segments are Returns Markets North, Returns Markets South, Growth Markets (which includes its Cuban joint ventures and Fontem Ventures), USA and Logistics.
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