Imperial Tobacco Group PLC Given “Outperform” Rating at Credit Suisse (IMT)
Imperial Tobacco Group PLC (LON:IMT)‘s stock had its “outperform” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Thursday, AnalystRatings.NET reports. They currently have a GBX 2,600 ($42.66) price objective on the stock. Credit Suisse’s target price would suggest a potential upside of 16.28% from the stock’s previous close.
A number of other firms have also recently commented on IMT. Analysts at Jyske Bank reiterated a “strong-buy” rating on shares of Imperial Tobacco Group PLC in a research note on Thursday. They now have a GBX 2,634.10 ($43.22) price target on the stock. Separately, analysts at Goldman Sachs reiterated a “conviction-buy” rating on shares of Imperial Tobacco Group PLC in a research note on Tuesday. They now have a GBX 2,840 ($46.60) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Imperial Tobacco Group PLC in a research note on Monday. They now have a GBX 2,500 ($41.02) price target on the stock. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 2,582.73 ($42.37).
Shares of Imperial Tobacco Group PLC (LON:IMT) opened at 2300.00 on Thursday. Imperial Tobacco Group PLC has a one year low of GBX 2106.00 and a one year high of GBX 2455.00. The stock has a 50-day moving average of GBX 2263. and a 200-day moving average of GBX 2261.57. The company’s market cap is £22.218 billion.
Imperial Tobacco Group PLC (LON:IMT) is a tobacco company.
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