Imperial Tobacco Group PLC’s Buy Rating Reaffirmed at Oriel Securities Ltd (IMT)
Imperial Tobacco Group PLC (LON:IMT)‘s stock had its “buy” rating reiterated by research analysts at Oriel Securities Ltd in a report released on Wednesday. They currently have a GBX 2,900 ($49.23) target price on the stock. Oriel Securities Ltd’s price objective indicates a potential upside of 9.89% from the stock’s previous close.
A number of other firms have also recently commented on IMT. Analysts at Nomura reiterated a “reduce” rating on shares of Imperial Tobacco Group PLC in a research note on Monday. They now have a GBX 2,250 ($38.19) price target on the stock. Separately, analysts at RBC Capital reiterated an “underperform” rating on shares of Imperial Tobacco Group PLC in a research note on Friday, June 13th. They now have a GBX 1,900 ($32.25) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “hold” rating on shares of Imperial Tobacco Group PLC in a research note on Tuesday, June 10th. They now have a GBX 2,500 ($42.44) price target on the stock. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 2,568.44 ($43.60).
Imperial Tobacco Group PLC (LON:IMT) opened at 2667.00 on Wednesday. Imperial Tobacco Group PLC has a 1-year low of GBX 2106.00 and a 1-year high of GBX 2713.00. The stock’s 50-day moving average is GBX 2623.92 and its 200-day moving average is GBX 2423.. The company’s market cap is £25.641 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, August 19th. Stockholders of record on Wednesday, July 16th will be paid a dividend of GBX 38.80 ($0.66) per share. This represents a dividend yield of 1.52%. The ex-dividend date is Wednesday, July 16th.
Imperial Tobacco Group PLC (LON:IMT) is a tobacco company.
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