Goldman Sachs Group Inc. Upgrades Imperial Tobacco Group to “Conviction-Buy” (ITYBY)
Imperial Tobacco Group (NASDAQ:ITYBY) was upgraded by Goldman Sachs Group Inc. from a “neutral” rating to a “conviction-buy” rating in a research note issued on Thursday, TheFlyOnTheWall.com reports.
Imperial Tobacco Group (NASDAQ:ITYBY) traded down 0.50% on Thursday, hitting $72.34. 98,286 shares of the company’s stock traded hands. Imperial Tobacco Group has a 52 week low of $65.44 and a 52 week high of $79.10. The stock has a 50-day moving average of $75. and a 200-day moving average of $72.55. The company has a market cap of $34.940 billion and a P/E ratio of 23.56.
Separately, analysts at Panmure Gordon downgraded shares of Imperial Tobacco Group from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, November 5th.
Imperial Tobacco Group PLC (NASDAQ:ITYBY) is a tobacco company.
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