Imperial Tobacco Group PLC (LON:IMB)‘s stock had its “neutral” rating reissued by stock analysts at Credit Suisse Group AG in a research note issued to investors on Thursday. They currently have a GBX 4,000 ($52.21) price objective on the stock. Credit Suisse Group AG’s target price suggests a potential upside of 0.67% from the stock’s current price.
Several other equities research analysts have also recently weighed in on the company. BNP Paribas restated an “outperform” rating and set a GBX 4,500 ($58.74) target price on shares of Imperial Tobacco Group PLC in a research note on Friday, July 8th. Barclays PLC restated an “overweight” rating and set a GBX 4,400 ($57.43) target price on shares of Imperial Tobacco Group PLC in a research note on Wednesday, September 14th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 3,780 ($49.34) target price on shares of Imperial Tobacco Group PLC in a research note on Friday, June 10th. Canaccord Genuity restated a “sell” rating and set a GBX 3,250 ($42.42) target price on shares of Imperial Tobacco Group PLC in a research note on Friday, June 10th. Finally, Citigroup Inc. restated a “buy” rating on shares of Imperial Tobacco Group PLC in a research note on Thursday, June 9th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of GBX 4,136.92 ($54.00).
Shares of Imperial Tobacco Group PLC (LON:IMB) opened at 4020.00 on Thursday. The stock’s 50 day moving average is GBX 4,007.61 and its 200-day moving average is GBX 3,870.08. The firm’s market cap is GBX 38.34 billion. Imperial Tobacco Group PLC has a 52 week low of GBX 3,324.00 and a 52 week high of GBX 4,154.00.
In other news, insider Witts,Karen acquired 140 shares of Imperial Tobacco Group PLC stock in a transaction on Friday, August 12th. The stock was bought at an average price of GBX 4,101 ($53.53) per share, for a total transaction 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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