Imperial Tobacco Group PLC (IMBBY) Upgraded to Buy by Jefferies Group
A number of other equities research analysts have also weighed in on the stock. Royal Bank Of Canada upgraded shares of Imperial Tobacco Group PLC from an “underperform” rating to a “sector perform” rating in a report on Friday, June 17th. Credit Suisse Group AG lowered shares of Imperial Tobacco Group PLC from an “outperform” rating to a “neutral” rating in a report on Wednesday.
Imperial Tobacco Group PLC (OTC:IMBBY) traded down 2.55% during midday trading on Wednesday, reaching $50.78. 79,277 shares of the company’s stock were exchanged. The company has a market cap of $48.43 billion, a price-to-earnings ratio of 32.32 and a beta of 0.62. The firm has a 50-day moving average price of $52.83 and a 200 day moving average price of $53.37. Imperial Tobacco Group PLC has a 12-month low of $48.57 and a 12-month high of $55.84.
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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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