Imperial Tobacco Group PLC (IMT) PT Raised to GBX 4,800
Imperial Tobacco Group PLC (LON:IMT) had its target price hoisted by analysts at Jefferies Group from GBX 4,600 ($56.93) to GBX 4,800 ($59.41) in a note issued to investors on Tuesday, StockTargetPrices.com reports. The brokerage presently has a “buy” rating on the stock. Jefferies Group’s price objective indicates a potential upside of 30.51% from the stock’s current price.
IMT has been the topic of several other research reports. Deutsche Bank AG reiterated a “buy” rating on shares of Imperial Tobacco Group PLC in a research note on Thursday, August 25th. Barclays PLC boosted their price target on Imperial Tobacco Group PLC from GBX 4,200 ($51.98) to GBX 4,400 ($54.46) and gave the company an “overweight” rating in a research note on Friday, July 8th. Goldman Sachs Group Inc. reissued a “buy” rating on shares of Imperial Tobacco Group PLC in a report on Tuesday, August 23rd. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 4,230 ($52.35) price objective on shares of Imperial Tobacco Group PLC in a report on Thursday, October 6th. Finally, Berenberg Bank boosted their price objective on Imperial Tobacco Group PLC from GBX 4,230 ($52.35) to GBX 4,400 ($54.46) and gave the company a “buy” rating in a report on Thursday, July 7th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 4,073.38 ($50.41).
Shares of Imperial Tobacco Group PLC (LON:IMT) opened at 3678.00 on Tuesday. The firm has a 50-day moving average of GBX 3,581.74 and a 200-day moving average of GBX 3,443.56. Imperial Tobacco Group PLC has a one year low of GBX 2,926.00 and a one year high of GBX 3,898.00.
About Imperial Tobacco Group PLC
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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