Imperial Tobacco Group Price Target Raised to GBX 2,270 at Nomura (IMT)
Nomura increased their price target on shares of Imperial Tobacco Group (LON:IMT) from GBX 2,250 ($37.08) to GBX 2,270 ($37.41) in a research note issued on Monday, Stock Ratings Network reports. The firm currently has a “reduce” rating on the stock. Nomura’s price objective would indicate a potential upside of 2.71% from the company’s current price.
A number of other analysts have also recently weighed in on IMT. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Imperial Tobacco Group in a research note to investors on Monday, January 13th. They now have a GBX 2,500 ($41.20) price target on the stock. Separately, analysts at Canaccord Genuity downgraded shares of Imperial Tobacco Group to a “sell” rating in a research note to investors on Wednesday, January 8th. They now have a GBX 2,130 ($35.10) price target on the stock, down previously from GBX 2,450 ($40.38). Finally, analysts at Jyske Bank reiterated a “strong-buy” rating on shares of Imperial Tobacco Group in a research note to investors on Monday, January 6th. They now have a GBX 2,699.20 ($44.48) price target on the stock. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Imperial Tobacco Group presently has an average rating of “Hold” and an average target price of GBX 2,565.51 ($42.28).
Imperial Tobacco Group (LON:IMT) opened at 2210.00 on Monday. Imperial Tobacco Group has a 1-year low of GBX 2106.00 and a 1-year 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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