Imperial Tobacco Group PLC Receives “Hold” Rating from Berenberg Bank (IMT)
Imperial Tobacco Group PLC (LON:IMT)‘s stock had its “hold” rating reiterated by analysts at Berenberg Bank in a research report issued to clients and investors on Friday. They currently have a GBX 2,600 ($43.75) target price on the stock. Berenberg Bank’s target price would suggest a potential upside of 4.71% from the stock’s previous close.
Shares of Imperial Tobacco Group PLC (LON:IMT) traded down 0.96% during mid-day trading on Friday, hitting GBX 2483.00. 1,913,252 shares of the company’s stock traded hands. Imperial Tobacco Group PLC has a one year low of GBX 2053.70 and a one year high of GBX 2783.00. The stock’s 50-day moving average is GBX 2629.40 and its 200-day moving average is GBX 2512.. The company’s market cap is £23.872 billion.
IMT has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “reduce” rating on shares of Imperial Tobacco Group PLC in a research note on Monday, July 28th. They now have a GBX 2,250 ($37.86) price target on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Imperial Tobacco Group PLC in a research note on Tuesday, July 22nd. They now have a GBX 3,000 ($50.48) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Imperial Tobacco Group PLC in a research note on Wednesday, July 16th. They now have a GBX 2,700 ($45.43) price target on the stock. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Imperial Tobacco Group PLC currently has an average rating of “Hold” and a consensus target price of GBX 2,601.88 ($43.78).
Imperial Tobacco Group PLC (LON:IMT) is a tobacco company.
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