Imperial Tobacco Group PLC Given “Strong-Buy” Rating at Jyske Bank (IMT)
Imperial Tobacco Group PLC (LON:IMT)‘s stock had its “strong-buy” rating restated by analysts at Jyske Bank in a research report issued to clients and investors on Thursday, Analyst RN reports. They currently have a GBX 2,634.10 ($43.22) target price on the stock. Jyske Bank’s target price would suggest a potential upside of 12.04% from the stock’s previous close.
Shares of Imperial Tobacco Group PLC (LON:IMT) traded down 0.62% on Thursday, hitting GBX 2233.00. 1,610,468 shares of the company’s stock traded hands. Imperial Tobacco Group PLC has a 52-week low of GBX 2106.00 and a 52-week high of GBX 2455.00. The stock’s 50-day moving average is GBX 2263. and its 200-day moving average is GBX 2261.57. The company’s market cap is £21.571 billion.
A number of other firms have also recently commented on IMT. 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. Separately, 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. Finally, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Imperial Tobacco Group PLC in a research note on Wednesday, February 5th. They now have a GBX 2,130 ($34.95) price target on the stock. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 2,582.73 ($42.37).
Imperial Tobacco Group PLC (LON:IMT) is a tobacco company.
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