Imperial Tobacco Group PLC’s “Sell” Rating Reiterated at Canaccord Genuity (IMT)
Imperial Tobacco Group PLC (LON:IMT)‘s stock had its “sell” rating reiterated by Canaccord Genuity in a research note issued on Wednesday. They currently have a GBX 2,130 ($35.35) target price on the stock. Canaccord Genuity’s price objective would indicate a potential downside of 19.13% from the company’s current price.
Imperial Tobacco Group PLC (LON:IMT) opened at 2650.00 on Wednesday. Imperial Tobacco Group PLC has a one year low of GBX 2130.00 and a one year high of GBX 2783.00. The stock’s 50-day moving average is GBX 2585. and its 200-day moving average is GBX 2554.66. The company’s market cap is £25.477 billion.
A number of other firms have also recently commented on IMT. Analysts at RBC Capital reiterated an “underperform” rating on shares of Imperial Tobacco Group PLC in a research note on Wednesday, August 27th. They now have a GBX 1,900 ($31.53) price target on the stock. Separately, analysts at Credit Suisse reiterated a “restricted” rating on shares of Imperial Tobacco Group PLC in a research note on Tuesday, August 19th. Finally, analysts at Nomura reiterated a “reduce” rating on shares of Imperial Tobacco Group PLC in a research note on Monday, August 18th. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Imperial Tobacco Group PLC has a consensus rating of “Hold” and an average price target of GBX 2,618.80 ($43.46).
Imperial Tobacco Group PLC (LON:IMT) is a tobacco company.
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