Imperial Tobacco Group PLC (IMBBY) Rating Reiterated by Jefferies Group
Imperial Tobacco Group PLC (OTCMKTS:IMBBY)‘s stock had its “buy” rating reaffirmed by stock analysts at Jefferies Group in a research report issued on Thursday.
A number of other research firms have also recently issued reports on IMBBY. Zacks Investment Research upgraded Imperial Tobacco Group PLC from a “hold” rating to a “buy” rating and set a $61.00 target price on the stock in a research note on Monday, September 5th. Deutsche Bank AG reiterated a “buy” rating on shares of Imperial Tobacco Group PLC in a research note on Sunday, July 31st. Societe Generale reiterated a “buy” rating on shares of Imperial Tobacco Group PLC in a research note on Tuesday, June 28th. Beaufort Securities reiterated a “buy” rating on shares of Imperial Tobacco Group PLC in a research note on Saturday, October 1st. Finally, Royal Bank Of Canada upgraded Imperial Tobacco Group PLC from an “underperform” rating to a “sector perform” rating in a research note on Friday, June 17th. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $2,129.00.
Shares of Imperial Tobacco Group PLC (OTCMKTS:IMBBY) traded up 0.13% during mid-day trading on Thursday, reaching $47.71. 11,443 shares of the company were exchanged. The stock has a market capitalization of $45.50 billion, a P/E ratio of 31.79 and a beta of 0.69. Imperial Tobacco Group PLC has a 12 month low of $47.04 and a 12 month high of $55.84. The stock has a 50 day moving average price of $51.57 and a 200-day moving average price of $53.01.
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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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