Imperial Tobacco Group PT Raised to GBX 2,180 (IMT)
Investment analysts at Nomura lifted their target price on shares of Imperial Tobacco Group (LON:IMT) from GBX 2,150 ($34.32) to GBX 2,180 ($34.80) in a note issued to investors on Tuesday, Analyst Ratings Network reports. The firm currently has a “reduce” rating on the stock. Nomura’s price target would indicate a potential downside of 0.41% from the company’s current price.
A number of other firms have also recently commented on IMT. Analysts at Barclays reiterated an “equal weight” rating on shares of Imperial Tobacco Group in a research note to investors on Friday. They now have a GBX 2,600 ($41.51) price target on the stock. Separately, analysts at AlphaValue reiterated a “buy” rating on shares of Imperial Tobacco Group in a research note to investors on Thursday, October 10th. They now have a GBX 2,921 ($46.63) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Imperial Tobacco Group in a research note to investors on Wednesday, October 9th. They now have a GBX 2,650 ($42.31) price target on the stock. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 2,611.89 ($41.70).
Imperial Tobacco Group (LON:IMT) traded down 1.00% during mid-day trading on Tuesday, hitting GBX 2189.00. 1,659,634 shares of the company’s stock traded hands. Imperial Tobacco Group has a 52-week low of GBX 2106.00 and a 52-week high of GBX 2545.00. The stock has a 50-day moving average of GBX 2201. and a 200-day moving average of GBX 2281.85. The company’s market cap is £21.443 billion.
Imperial Tobacco Group PLC (LON:IMT) is a tobacco company.
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