Imperial Tobacco Group PLC (IMBBY) Earns “Buy” Rating from Jefferies Group
Imperial Tobacco Group PLC (OTCMKTS:IMBBY)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group in a research note issued on Thursday.
Several other equities analysts have also weighed in on IMBBY. Bank of America Corp. reissued a “buy” rating on shares of Imperial Tobacco Group PLC in a research note on Wednesday, June 15th. Royal Bank Of Canada upgraded Imperial Tobacco Group PLC from an “underperform” rating to a “sector perform” rating in a report on Friday, June 17th. Societe Generale reiterated a “buy” rating on shares of Imperial Tobacco Group PLC in a report on Tuesday, June 28th. Zacks Investment Research downgraded Imperial Tobacco Group PLC from a “hold” rating to a “sell” rating in a report on Wednesday, June 29th. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of Imperial Tobacco Group PLC in a report on Sunday, July 31st. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Imperial Tobacco Group PLC currently has a consensus rating of “Buy” and an average target price of $2,129.00.
Imperial Tobacco Group PLC (OTCMKTS:IMBBY) traded down 0.08% on Thursday, reaching $47.61. 10,833 shares of the company traded hands. The stock has a market capitalization of $45.41 billion, a price-to-earnings ratio of 31.72 and a beta of 0.69. The firm has a 50 day moving average price of $51.57 and a 200 day moving average price of $53.01. Imperial Tobacco Group PLC has a 52-week low of $47.04 and a 52-week 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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