Imperial Tobacco Group PLC (LON:IMB)‘s stock had its “buy” rating reissued by equities research analysts at Beaufort Securities in a report issued on Friday.
A number of other research firms have also commented on IMB. BNP Paribas restated an “outperform” rating and issued a GBX 4,500 ($58.74) price objective on shares of Imperial Tobacco Group PLC in a research report on Friday, July 8th. Barclays PLC raised their target price on shares of Imperial Tobacco Group PLC from GBX 4,200 ($54.82) to GBX 4,400 ($57.43) and gave the company an “overweight” rating in a research note on Friday, July 8th. Berenberg Bank raised their target price on shares of Imperial Tobacco Group PLC from GBX 4,230 ($55.21) to GBX 4,400 ($57.43) and gave the company a “buy” rating in a research note on Thursday, July 7th. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 4,100 ($53.52) target price on shares of Imperial Tobacco Group PLC in a research note on Monday, July 4th. Finally, JPMorgan Chase & Co. raised their target price on shares of Imperial Tobacco Group PLC from GBX 3,940 ($51.43) to GBX 4,230 ($55.21) and gave the company a “neutral” rating in a research note on Tuesday, July 12th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of GBX 4,136.92 ($54.00).
Shares of Imperial Tobacco Group PLC (LON:IMB) opened at 3945.00 on Friday. Imperial Tobacco Group PLC has a 1-year low of GBX 3,323.00 and a 1-year high of GBX 4,154.00. The company’s market capitalization is GBX 37.62 billion. The stock has a 50 day moving average of GBX 4,009.89 and a 200-day moving average of GBX 3,869.35.
In other Imperial Tobacco Group PLC news, insider Witts,Karen purchased 140 shares of the firm’s stock in a transaction on Friday, August 12th. The shares were purchased 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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