Imperial Tobacco Group’s “Equal Weight” Rating Reaffirmed at Barclays (IMT)
Imperial Tobacco Group (LON:IMT)‘s stock had its “equal weight” rating reiterated by research analysts at Barclays in a report released on Friday, Stock Ratings Network reports. They currently have a GBX 2,400 ($39.55) target price on the stock. Barclays’ price target would suggest a potential upside of 8.60% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Imperial Tobacco Group in a research note to investors on Thursday. They now have a GBX 2,350 ($38.73) price target on the stock. Separately, analysts at Nomura raised their price target on shares of Imperial Tobacco Group from GBX 2,250 ($37.08) to GBX 2,270 ($37.41) in a research note to investors on Monday. They now have a “reduce” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Imperial Tobacco Group in a research note to investors on Monday. They now have a GBX 2,500 ($41.20) price target on the stock. Three research analysts have rated the stock with a sell rating, nine have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Imperial Tobacco Group has a consensus rating of “Hold” and a consensus price target of GBX 2,565.51 ($42.28).
Shares of Imperial Tobacco Group (LON:IMT) traded down 0.99% on Friday, hitting GBX 2210.00. 2,418,224 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 2471.00. The stock has a 50-day moving average of GBX 2284. and a 200-day moving average of GBX 2263.. The company’s market cap is £21.348 billion.
Imperial Tobacco Group PLC (LON:IMT) is a tobacco company.
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