Imperial Tobacco Group (OTCMKTS:IMBBY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Thursday, Zacks.com reports.

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. “

Separately, Citigroup upgraded shares of Imperial Tobacco Group from a “neutral” rating to a “buy” rating in a report on Thursday, March 28th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $38.00.

Shares of OTCMKTS IMBBY opened at $25.60 on Thursday. Imperial Tobacco Group has a twelve month low of $23.52 and a twelve month high of $38.87. The company has a market capitalization of $24.49 billion, a P/E ratio of 7.25, a PEG ratio of 1.04 and a beta of 0.66. The company has a quick ratio of 0.32, a current ratio of 0.65 and a debt-to-equity ratio of 1.49.

About Imperial Tobacco Group

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Lambert & Butler, Bastos, Fine, Winston, News, and Parker & Simpson; and specialist brands consisting of blu, Kool, Gitanes, Jade, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, Golden Virginia, and Drum in approximately 160 countries worldwide.

Recommended Story: Trading Stocks – What are percentage gainers?

Get a free copy of the Zacks research report on Imperial Tobacco Group (IMBBY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Imperial Tobacco Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Tobacco Group and related companies with MarketBeat.com's FREE daily email newsletter.