Zacks Investment Research upgraded shares of Imperial Tobacco Group PLC (OTCMKTS:IMBBY) from a hold rating to a buy rating in a research report released on Wednesday. They currently have $58.00 price target on the stock.

According to Zacks, “Imperial Brands PLC manufactures, markets and sells tobacco and tobacco-related products. It offers cigarettes, fine cut tobacco, papers, cigars, snus and smokeless tobacco products. Imperial Brands PLC, formerly known as Imperial Tobacco Group PLC, is based in Bristol, the United Kingdom. “

Several other research analysts also recently commented on the stock. Beaufort Securities reaffirmed a buy rating on shares of Imperial Tobacco Group PLC in a report on Saturday, October 1st. Jefferies Group upgraded shares of 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 shares of Imperial Tobacco Group PLC from an outperform rating to a neutral rating in a research note on Wednesday, September 21st. Goldman Sachs Group Inc. reiterated a buy rating on shares of Imperial Tobacco Group PLC in a research note on Tuesday, August 23rd. Finally, Deutsche Bank AG reiterated a buy rating on shares of Imperial Tobacco Group PLC in a research note on Sunday, July 31st. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Imperial Tobacco Group PLC has a consensus rating of Buy and an average target price of $2,129.00.

Analyst Recommendations for Imperial Tobacco Group PLC (OTCMKTS:IMBBY)

Shares of Imperial Tobacco Group PLC (OTCMKTS:IMBBY) opened at 49.358 on Wednesday. Imperial Tobacco Group PLC has a 52 week low of $48.57 and a 52 week high of $55.84. The company has a market cap of $47.07 billion, a PE ratio of 32.176 and a beta of 0.69. The company has a 50 day moving average of $52.34 and a 200 day moving average of $53.21.

Imperial Tobacco Group PLC Company Profile

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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