Imperial Tobacco Group PLC’s (IMBBY) “Buy” Rating Reaffirmed at Jefferies Group
A number of other research firms also recently commented on IMBBY. Credit Suisse Group AG downgraded Imperial Tobacco Group PLC from an outperform rating to a neutral rating in a research note on Wednesday, September 21st. Zacks Investment Research raised Imperial Tobacco Group PLC from a sell rating to a hold rating in a research note on Wednesday, July 6th. Goldman Sachs Group Inc. reissued a buy rating on shares of Imperial Tobacco Group PLC in a research note on Tuesday, August 23rd. Bank of America Corp. reissued a buy rating on shares of Imperial Tobacco Group PLC in a research note on Wednesday, June 15th. Finally, Royal Bank Of Canada raised Imperial Tobacco Group PLC from an underperform rating to a sector perform rating in a research note on Friday, June 17th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Imperial Tobacco Group PLC currently has a consensus rating of Buy and an average price target of $2,129.00.
Imperial Tobacco Group PLC (OTCMKTS:IMBBY) opened at 47.04 on Thursday. The stock has a market capitalization of $44.86 billion, a P/E ratio of 31.34 and a beta of 0.69. Imperial Tobacco Group PLC has a 52-week low of $46.51 and a 52-week high of $55.84. The company’s 50-day moving average price is $50.96 and its 200 day moving average price is $52.77.
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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