Imperial Tobacco Group PLC (LON:IMB) had its price objective raised by Jefferies Group from GBX 4,600 ($56.93) to GBX 4,800 ($59.41) in a research note issued to investors on Tuesday. They currently have a buy rating on the stock.
Other equities research analysts also recently issued reports about the stock. BNP Paribas reaffirmed an outperform rating and issued a GBX 4,500 ($55.69) price target on shares of Imperial Tobacco Group PLC in a research note on Friday, July 8th. JPMorgan Chase & Co. reaffirmed a neutral rating and issued a GBX 3,940 ($48.76) price target (up from GBX 3,700 ($45.79)) on shares of Imperial Tobacco Group PLC in a research note on Wednesday, June 29th. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 4,300 ($53.22) price target on shares of Imperial Tobacco Group PLC in a research note on Tuesday, July 19th. Berenberg Bank reaffirmed a buy rating and issued a GBX 4,230 ($52.35) price target on shares of Imperial Tobacco Group PLC in a research note on Tuesday, June 14th. Finally, Barclays PLC lifted their price target on shares of Imperial Tobacco Group PLC from GBX 4,200 ($51.98) to GBX 4,400 ($54.46) and gave the company an overweight rating in a research note on Friday, July 8th. 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’s stock. The stock currently has an average rating of Buy and a consensus target price of GBX 4,152.31 ($51.39).
Imperial Tobacco Group PLC (LON:IMB) opened at 3899.50 on Tuesday. The stock has a 50 day moving average price of GBX 3,969.23 and a 200 day moving average price of GBX 3,878.95. The firm’s market capitalization is GBX 37.19 billion. Imperial Tobacco Group PLC has a one year low of GBX 3,393.00 and a one year high of GBX 4,154.00.
In other Imperial Tobacco Group PLC news, insider Witts,Karen bought 140 shares of the firm’s stock in a transaction dated Friday, August 12th. The stock was bought at an average cost of GBX 4,101 ($50.75) per share, with a total value of £5,741.40 ($7,105.69).
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 & 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 companies with MarketBeat.com's FREE daily email newsletter.