Imperial Tobacco Group Receives Buy Rating from AlphaValue (IMT)
Imperial Tobacco Group (LON:IMT)‘s stock had its “buy” rating reaffirmed by stock analysts at AlphaValue in a report issued on Thursday, AmericanBankingNews.com reports. They currently have a GBX 2,921 ($46.86) price target on the stock. AlphaValue’s price target suggests a potential upside of 32.89% from the company’s current price.
A number of other analysts have also recently weighed in on IMT. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Imperial Tobacco Group in a research note to investors on Wednesday. They now have a GBX 2,650 ($42.52) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Imperial Tobacco Group in a research note to investors on Friday, October 4th. They now have a GBX 2,500 ($40.11) price target on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Imperial Tobacco Group from GBX 3,067 ($49.21) to GBX 2,984 ($47.87) in a research note to investors on Thursday, October 3rd. They now have a “neutral” rating on the stock. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the stock. Imperial Tobacco Group currently has an average rating of “Hold” and an average target price of GBX 2,623.69 ($42.09).
Shares of Imperial Tobacco Group (LON:IMT) traded up 1.10% on Thursday, hitting GBX 2198.00. The stock had a trading volume of 1,174,168 shares. Imperial Tobacco Group has a one year low of GBX 2106.00 and a one year high of GBX 2545.00. The stock’s 50-day moving average is GBX 2201. and its 200-day moving average is GBX 2281.85. The company’s market cap is £21.532 billion.
Imperial Tobacco Group PLC (LON:IMT) is a tobacco company.
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