Imperial Tobacco Group PLC (IMBBY) Stock Rating Upgraded by Jefferies Group
Imperial Tobacco Group PLC (OTC:IMBBY) was upgraded by Jefferies Group from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, StockTargetPrices.com reports.
A number of other equities research analysts have also weighed in on the stock. Credit Suisse Group AG lowered shares of Imperial Tobacco Group PLC from an “outperform” rating to a “neutral” rating in a report on Wednesday. Royal Bank Of Canada raised shares of Imperial Tobacco Group PLC from an “underperform” rating to a “sector perform” rating in a report on Friday, June 17th.
Shares of Imperial Tobacco Group PLC (OTC:IMBBY) traded down 2.05% on Wednesday, hitting $51.04. 80,750 shares of the stock were exchanged. The firm’s 50 day moving average price is $52.83 and its 200 day moving average price is $53.37. The firm has a market cap of $48.68 billion, a price-to-earnings ratio of 32.49 and a beta of 0.62. Imperial Tobacco Group PLC has a one year low of $48.57 and a one year high of $55.84.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/imperial-tobacco-group-plc-imbby-stock-rating-upgraded-by-jefferies-group.html
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.
Receive News & Ratings for Imperial Tobacco Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Tobacco Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.