Imperial Tobacco Group PLC’s (IMT) Buy Rating Reaffirmed at Beaufort Securities
IMT has been the topic of several other reports. Credit Suisse Group AG decreased their target price on shares of Imperial Tobacco Group PLC from GBX 3,600 ($46.99) to GBX 3,500 ($45.69) and set an outperform rating on the stock in a research note on Thursday, August 25th. Barclays PLC reaffirmed an overweight rating and issued a GBX 4,400 ($57.43) target price on shares of Imperial Tobacco Group PLC in a research note on Thursday, September 8th. Deutsche Bank AG reaffirmed a buy rating on shares of Imperial Tobacco Group PLC in a research note on Thursday, August 25th. Goldman Sachs Group Inc. reaffirmed a buy rating on shares of Imperial Tobacco Group PLC in a research note on Tuesday, August 23rd. Finally, Royal Bank Of Canada reaffirmed a sector performer rating and issued a GBX 3,900 ($50.91) target price on shares of Imperial Tobacco Group PLC in a research note on Friday, September 9th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of GBX 4,060.88 ($53.01).
Imperial Tobacco Group PLC (LON:IMT) traded up 1.31% on Friday, reaching GBX 3678.00. 2,787,997 shares of the company’s stock traded hands. Imperial Tobacco Group PLC has a 12 month low of GBX 2,926.00 and a 12 month 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.
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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