Imperial Tobacco Group PLC’s (IMT) Neutral Rating Reaffirmed at Credit Suisse Group AG
Imperial Tobacco Group PLC (LON:IMT)‘s stock had its “neutral” rating restated by equities research analysts at Credit Suisse Group AG in a research report issued on Monday, StockTargetPrices.com reports. They presently have a GBX 4,100 ($50.74) target price on the stock. Credit Suisse Group AG’s price objective suggests a potential upside of 11.47% from the company’s previous close.
IMT has been the topic of a number of other reports. Societe Generale restated a “buy” rating on shares of Imperial Tobacco Group PLC in a report on Tuesday, June 28th. JPMorgan Chase & Co. boosted their target price on shares of Imperial Tobacco Group PLC from GBX 3,700 ($45.79) to GBX 3,940 ($48.76) and gave the stock a “neutral” rating in a report on Wednesday, June 29th. Berenberg Bank boosted their target price on shares of Imperial Tobacco Group PLC from GBX 4,230 ($52.35) to GBX 4,400 ($54.46) and gave the stock a “buy” rating in a report on Thursday, July 7th. Barclays PLC boosted their target price on shares of Imperial Tobacco Group PLC from GBX 4,200 ($51.98) to GBX 4,400 ($54.46) and gave the stock an “overweight” rating in a report on Friday, July 8th. Finally, BNP Paribas restated an “outperform” rating and issued a GBX 4,500 ($55.69) target price on shares of Imperial Tobacco Group PLC in a report on Friday, July 8th. Two investment 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. The stock presently has an average rating of “Hold” and a consensus 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 firm’s 50 day moving average price is GBX 3,581.74 and its 200 day moving average price is 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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