Credit Suisse Group AG reissued their neutral rating on shares of Imperial Tobacco Group PLC (LON:IMB) in a research note released on Thursday morning. The firm currently has a GBX 4,000 ($52.21) target price on the stock.
Several other equities analysts also recently weighed in on IMB. Societe Generale restated a buy rating on shares of Imperial Tobacco Group PLC in a report on Wednesday, June 1st. Citigroup Inc. restated a buy rating on shares of Imperial Tobacco Group PLC in a report on Thursday, June 9th. Canaccord Genuity restated a sell rating and set a GBX 3,250 ($42.42) price target on shares of Imperial Tobacco Group PLC in a report on Friday, June 10th. JPMorgan Chase & Co. restated a neutral rating and set a GBX 3,780 ($49.34) price target on shares of Imperial Tobacco Group PLC in a report on Friday, June 10th. Finally, Berenberg Bank restated a buy rating and set a GBX 4,230 ($55.21) price target on shares of Imperial Tobacco Group PLC in a report on Tuesday, June 14th. Two analysts have rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. The stock has an average rating of Buy and a consensus target price of GBX 4,136.92 ($54.00).
Shares of Imperial Tobacco Group PLC (LON:IMB) opened at 4086.00 on Thursday. The stock’s 50 day moving average price is GBX 4,002.44 and its 200 day moving average price is GBX 3,873.45. Imperial Tobacco Group PLC has a 12 month low of GBX 3,351.00 and a 12 month high of GBX 4,154.00. The company’s market capitalization is GBX 38.97 billion.
In other news, insider Witts,Karen bought 140 shares of the company’s stock in a transaction on Friday, August 12th. The shares were acquired at an average cost of GBX 4,101 ($53.53) per share, with a total value of £5,741.40 ($7,494.32).
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.
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