Imperial Tobacco Group PLC (IMBBY) Downgraded to Neutral at Credit Suisse Group AG
Imperial Tobacco Group PLC (OTC:IMBBY) was downgraded by stock analysts at Credit Suisse Group AG from an “outperform” rating to a “neutral” rating in a research note issued to investors on Wednesday.
Separately, Royal Bank Of Canada raised Imperial Tobacco Group PLC from an “underperform” rating to a “sector perform” rating in a report on Friday, June 17th.
Imperial Tobacco Group PLC (OTC:IMBBY) traded down 2.55% during trading on Wednesday, hitting $50.78. The stock had a trading volume of 79,277 shares. The stock has a market cap of $48.43 billion, a PE ratio of 32.32 and a beta of 0.62. Imperial Tobacco Group PLC has a 1-year low of $48.57 and a 1-year high of $55.84. The firm’s 50-day moving average price is $52.83 and its 200-day moving average price is $53.37.
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About Imperial Tobacco Group PLC
Imperial Brands PLC, formerly Imperial Tobacco Group PLC, is a fast-moving consumer goods company. The Company focuses on tobacco portfolio that offers a range of cigarettes, fine cut and smokeless tobaccos, and papers and cigars. The Company’s segments are Returns Markets North, Returns Markets South, Growth Markets (which includes its Cuban joint ventures and Fontem Ventures), USA and Logistics.
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