Imperial Tobacco Group PLC’s (IMBBY) “Buy” Rating Reiterated at Beaufort Securities
Imperial Tobacco Group PLC (OTCMKTS:IMBBY)‘s stock had its “buy” rating reissued by research analysts at Beaufort Securities in a note issued to investors on Saturday.
Several other research firms have also recently issued reports on IMBBY. Zacks Investment Research cut Imperial Tobacco Group PLC from a “buy” rating to a “hold” rating in a research note on Thursday, September 22nd. Jefferies Group raised Imperial Tobacco Group PLC from a “hold” rating to a “buy” rating in a research note on Wednesday, September 21st. Credit Suisse Group AG cut Imperial Tobacco Group PLC from an “outperform” rating to a “neutral” rating in a research note on Wednesday, September 21st. Goldman Sachs Group Inc. reissued a “buy” rating on shares of Imperial Tobacco Group PLC in a research note on Tuesday, August 23rd. Finally, Deutsche Bank AG reissued a “buy” rating on shares of Imperial Tobacco Group PLC in a research note on Sunday, July 31st. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $2,130.50.
Imperial Tobacco Group PLC (OTCMKTS:IMBBY) opened at 51.47 on Friday. The firm has a market capitalization of $49.09 billion, a P/E ratio of 33.38 and a beta of 0.62. The company’s 50-day moving average price is $52.50 and its 200-day moving average price is $53.29. Imperial Tobacco Group PLC has a 1-year low of $48.57 and a 1-year high of $55.84.
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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