RBC Capital Reiterates “Underperform” Rating for Imperial Tobacco Group PLC (IMT)
Imperial Tobacco Group PLC (LON:IMT)‘s stock had its “underperform” rating reaffirmed by research analysts at RBC Capital in a report released on Friday. They currently have a GBX 1,900 ($31.87) target price on the stock. RBC Capital’s target price indicates a potential downside of 24.15% from the company’s current price.
Shares of Imperial Tobacco Group PLC (LON:IMT) opened at 2541.00 on Friday. Imperial Tobacco Group PLC has a 52 week low of GBX 2106.00 and a 52 week high of GBX 2783.00. The stock has a 50-day moving average of GBX 2610.35 and a 200-day moving average of GBX 2520.15. The company’s market cap is £24.429 billion.
IMT has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of Imperial Tobacco Group PLC in a research note on Monday. They now have a GBX 2,130 ($35.73) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “hold” rating on shares of Imperial Tobacco Group PLC in a research note on Friday, August 8th. They now have a GBX 2,600 ($43.62) price target on the stock. Finally, 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 ($37.75) price target on the stock. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 2,601.88 ($43.65).
Imperial Tobacco Group PLC (LON:IMT) is a tobacco company.
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