JPMorgan Chase & Co. reiterated their neutral rating on shares of Imperial Tobacco Group PLC (LON:IMB) in a research note issued to investors on Friday morning. JPMorgan Chase & Co. currently has a GBX 4,230 ($55.21) target price on the stock.
A number of other research firms have also recently issued reports on IMB. Deutsche Bank AG reiterated a buy rating and issued a GBX 4,300 ($56.13) price objective on shares of Imperial Tobacco Group PLC in a report on Tuesday, July 19th. Goldman Sachs Group Inc. reiterated a buy rating on shares of Imperial Tobacco Group PLC in a report on Tuesday, August 23rd. Societe Generale reiterated a buy rating and issued a GBX 4,500 ($58.74) price objective on shares of Imperial Tobacco Group PLC in a report on Friday, September 9th. Canaccord Genuity reiterated a sell rating and issued a GBX 3,250 ($42.42) price objective on shares of Imperial Tobacco Group PLC in a report on Friday, June 10th. Finally, Royal Bank Of Canada reiterated a sector performer rating and issued a GBX 3,900 ($50.91) price objective on shares of Imperial Tobacco Group PLC in a report on Friday, September 9th. Two equities research 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 stock currently has a consensus rating of Buy and an average target price of GBX 4,136.92 ($54.00).
Imperial Tobacco Group PLC (LON:IMB) traded up 1.20% during trading on Friday, reaching GBX 4021.00. The company’s stock had a trading volume of 1,517,193 shares. The stock has a 50-day moving average price of GBX 4,007.61 and a 200 day moving average price of GBX 3,870.08. Imperial Tobacco Group PLC has a 52-week low of GBX 3,324.00 and a 52-week high of GBX 4,154.00. The company’s market cap is GBX 38.35 billion.
In other Imperial Tobacco Group PLC news, insider Witts,Karen purchased 140 shares of the stock in a transaction on Friday, August 12th. The stock was acquired at an average price 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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