Imperial Tobacco Group PLC (IMT) Receives Neutral Rating from Credit Suisse Group AG
Imperial Tobacco Group PLC (LON:IMT)‘s stock had its “neutral” rating reaffirmed by equities research analysts at Credit Suisse Group AG in a research note issued on Monday, StockTargetPrices.com reports. They currently have a GBX 4,100 ($50.74) price objective on the stock. Credit Suisse Group AG’s price target would suggest a potential upside of 11.47% from the company’s previous close.
Several other research analysts also recently commented on IMT. Barclays PLC reissued an “overweight” rating and issued a GBX 4,400 ($54.46) price target on shares of Imperial Tobacco Group PLC in a report on Wednesday, September 14th. Societe Generale reissued a “buy” rating and issued a GBX 4,500 ($55.69) price target on shares of Imperial Tobacco Group PLC in a report on Friday, September 9th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 4,230 ($52.35) price target on shares of Imperial Tobacco Group PLC in a report on Wednesday, August 24th. Jefferies Group raised shares of Imperial Tobacco Group PLC to a “buy” rating and raised their price target for the company from GBX 3,550 ($43.94) to GBX 4,600 ($56.93) in a report on Wednesday, September 21st. Finally, Royal Bank Of Canada reissued a “sector performer” rating and issued a GBX 3,900 ($48.27) price target on shares of Imperial Tobacco Group PLC in a report on Friday, September 9th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 4,079.63 ($50.49).
Shares of Imperial Tobacco Group PLC (LON:IMT) opened at 3678.00 on Monday. Imperial Tobacco Group PLC has a 52 week low of GBX 2,926.00 and a 52 week high of GBX 3,898.00. The company has a 50 day moving average of GBX 3,581.74 and a 200 day moving average of GBX 3,443.56.
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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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