Imperial Tobacco Group PLC’s “Neutral” Rating Reaffirmed at JPMorgan Chase & Co. (IMT)
Imperial Tobacco Group PLC (LON:IMT)‘s stock had its “neutral” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report released on Friday, AR Network reports. They currently have a GBX 2,711 ($44.48) target price on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 17.87% from the stock’s previous close.
Imperial Tobacco Group PLC (LON:IMT) traded down 2.17% during mid-day trading on Friday, hitting GBX 2300.00. The stock had a trading volume of 2,611,628 shares. 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 2260.33 and a 200-day moving average of GBX 2262.56. The company’s market cap is £22.218 billion.
A number of other firms have also recently commented on IMT. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Imperial Tobacco Group PLC in a research note on Thursday. They now have a GBX 2,600 ($42.66) price target on the stock. Separately, 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. Finally, 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. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of GBX 2,568.01 ($42.13).
Imperial Tobacco Group PLC (LON:IMT) is a tobacco company.
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