Published On: Thu, Sep 8th, 2016

Imperial Tobacco Group PLC (IMT) Stock Rating Reaffirmed by Barclays PLC

Imperial Tobacco Group PLC (LON:IMT)‘s stock had its “overweight” rating reiterated by research analysts at Barclays PLC in a report issued on Thursday. They currently have a GBX 4,400 ($58.60) price target on the stock. Barclays PLC‘s target price indicates a potential upside of 19.63% from the stock’s previous close.
A number of other research analysts have also weighed in on the company. Deutsche Bank AG reaffirmed a “buy” rating on shares of Imperial Tobacco Group PLC in a report on Thursday, August 25th. Credit Suisse Group AG dropped their price target on Imperial Tobacco Group PLC from GBX 3,600 ($47.95) to GBX 3,500 ($46.62) and set an “outperform” rating for the company in a research report on Thursday, August 25th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 4,230 ($56.34) price target on shares of Imperial Tobacco Group PLC in a research report on Wednesday, August 24th. Goldman Sachs Group reiterated a “buy” rating on shares of Imperial Tobacco Group PLC in a research report on Tuesday, August 23rd. Finally, Societe Generale reiterated a “buy” rating and set a GBX 4,500 ($59.94) price target on shares of Imperial Tobacco Group PLC in a research report on Tuesday, August 2nd. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 3,864.94 ($51.48).

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Shares of Imperial Tobacco Group PLC (LON:IMT) opened at 3678.00 on Thursday. The firm’s 50-day moving average is GBX 3,581.74 and its 200-day moving average is GBX 3,443.56. Imperial Tobacco Group PLC has a 52-week low of GBX 2,926.00 and a 52-week high of GBX 3,898.00.
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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