Imperial Tobacco Group PLC (IMB) Receives Buy Rating from Deutsche Bank AG
Imperial Tobacco Group PLC (LON:IMB)‘s stock had its “buy” rating reiterated by equities research analysts at Deutsche Bank AG in a research report issued to clients and investors on Wednesday.
A number of other brokerages also recently weighed in on IMB. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 4,230 ($52.85) price objective on shares of Imperial Tobacco Group PLC in a research report on Wednesday, August 24th. Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Imperial Tobacco Group PLC in a research report on Tuesday, August 23rd. Barclays PLC reiterated an “overweight” rating and issued a GBX 4,400 ($54.97) price objective on shares of Imperial Tobacco Group PLC in a research report on Thursday, September 8th. Credit Suisse Group AG downgraded shares of Imperial Tobacco Group PLC to a “neutral” rating and decreased their price objective for the stock from GBX 4,250 ($53.10) to GBX 4,000 ($49.98) in a research report on Wednesday, September 21st. Finally, Jefferies Group upped their price objective on shares of Imperial Tobacco Group PLC from GBX 3,550 ($44.35) to GBX 4,600 ($57.47) and gave the stock a “buy” rating in a research report on Wednesday, September 21st. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 4,110 ($51.35).
Shares of Imperial Tobacco Group PLC (LON:IMB) opened at 3516.00 on Wednesday. The firm’s 50-day moving average price is GBX 3,847.34 and its 200 day moving average price is GBX 3,883.24. The stock’s market capitalization is GBX 33.55 billion. Imperial Tobacco Group PLC has a 52 week low of GBX 3,350.50 and a 52 week high of GBX 4,154.00.
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 ($0.68) dividend. The ex-dividend date of this dividend is Thursday, February 16th. This represents a yield of 1.47%.
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.
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.