Imperial Tobacco Group PLC (IMB) Price Target Cut to GBX 3,660
Imperial Tobacco Group PLC (LON:IMB) had its price objective dropped by equities researchers at JPMorgan Chase & Co. from GBX 4,090 ($50.66) to GBX 3,660 ($45.34) in a research note issued to investors on Friday. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 8.00% from the stock’s previous close.
Several other research firms have also commented on IMB. Deutsche Bank AG restated a “buy” rating and issued a GBX 4,300 ($53.26) price target on shares of Imperial Tobacco Group PLC in a report on Tuesday, July 19th. Societe Generale reaffirmed a “buy” rating and issued a GBX 4,500 ($55.74) price objective on shares of Imperial Tobacco Group PLC in a research report on Tuesday, August 2nd. Goldman Sachs Group Inc. reaffirmed a “buy” rating on shares of Imperial Tobacco Group PLC in a research report on Tuesday, August 23rd. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 4,400 ($54.50) price objective on shares of Imperial Tobacco Group PLC in a research report on Thursday, September 8th. Finally, Royal Bank Of Canada reaffirmed a “sector performer” rating and issued a GBX 3,900 ($48.31) price objective on shares of Imperial Tobacco Group PLC in a research report on Friday, September 9th. Two analysts have rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 4,145.71 ($51.35).
Imperial Tobacco Group PLC (LON:IMB) opened at 3438.50 on Friday. The firm’s market cap is GBX 32.81 billion. Imperial Tobacco Group PLC has a 12-month low of GBX 3,350.50 and a 12-month high of GBX 4,154.00. The firm’s 50-day moving average is GBX 3,888.35 and its 200 day moving average is GBX 3,886.54.
The firm also recently disclosed a dividend, which will be paid on Friday, March 31st. Shareholders of record on Thursday, February 16th will be issued a GBX 54.10 ($0.67) dividend. This represents a yield of 1.47%. The ex-dividend date is Thursday, February 16th.
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.
Receive News & Stock Ratings for Imperial Tobacco Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Tobacco Group PLC and related stocks with our FREE daily email newsletter.