Brokerages Set Imperial Tobacco Group PLC (IMB) Price Target at $4,076.15
Imperial Tobacco Group PLC (LON:IMB) has been assigned an average rating of “Buy” from the fifteen brokerages that are currently covering the firm. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 4,076.15 ($50.57).
A number of research firms recently weighed in on IMB. Deutsche Bank AG restated a “buy” rating and set a GBX 4,350 ($53.96) target price on shares of Imperial Tobacco Group PLC in a research note on Wednesday, November 16th. Jefferies Group lowered their price target on Imperial Tobacco Group PLC from GBX 4,800 ($59.55) to GBX 4,300 ($53.34) and set a “buy” rating for the company in a report on Tuesday, November 15th. JPMorgan Chase & Co. lowered their price target on Imperial Tobacco Group PLC from GBX 4,090 ($50.74) to GBX 3,660 ($45.40) and set a “neutral” rating for the company in a report on Friday, November 11th. Octagon Capital raised Imperial Tobacco Group PLC to a “buy” rating and upped their price target for the company from GBX 4,250 ($52.72) to GBX 4,500 ($55.82) in a report on Thursday, November 10th. Finally, Societe Generale raised Imperial Tobacco Group PLC to a “buy” rating and upped their price target for the company from GBX 4,250 ($52.72) to GBX 4,500 ($55.82) in a report on Thursday, November 10th.
Imperial Tobacco Group PLC (LON:IMB) opened at 3518.00 on Friday. The stock’s market capitalization is GBX 33727.45 billion. The firm’s 50-day moving average is GBX 3,724.12 and its 200-day moving average is GBX 3,866.15. 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 business also recently declared a dividend, which will be paid on Friday, March 31st. Stockholders of record on Thursday, February 16th will be paid a dividend of GBX 54.10 ($0.67) per share. This represents a dividend yield of 1.47%. The ex-dividend date of this dividend is Thursday, February 16th.
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.