Published On: Sat, Sep 10th, 2016

Imperial Tobacco Group PLC’s (IMB) Sector Performer Rating Reaffirmed at Royal Bank Of Canada

Imperial Tobacco Group PLC (LON:IMB)‘s stock had its “sector performer” rating reaffirmed by equities research analysts at Royal Bank Of Canada in a research report issued on Friday. They currently have a GBX 3,900 ($51.94) price target on the stock. Royal Bank Of Canada’s price objective points to a potential downside of 0.64% from the stock’s previous close.
IMB has been the subject of a number of other reports. Goldman Sachs Group Inc. reaffirmed a “buy” rating on shares of Imperial Tobacco Group PLC in a research note on Tuesday, August 23rd. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 4,100 ($54.61) price objective on shares of Imperial Tobacco Group PLC in a research note on Monday, July 4th. Deutsche Bank AG reissued a “buy” rating on shares of Imperial Tobacco Group PLC in a research report on Friday, July 29th. Barclays PLC raised shares of Imperial Tobacco Group PLC to an “overweight” rating and set a GBX 4,200 ($55.94) price target for the company in a research report on Tuesday, May 24th. Finally, Societe Generale reissued a “buy” rating and issued a GBX 4,500 ($59.94) price target on shares of Imperial Tobacco Group PLC in a research report on Tuesday, August 2nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 4,081.67 ($54.36).
Imperial Tobacco Group PLC (LON:IMB) opened at 3925.00 on Friday. The stock’s 50 day moving average is GBX 4,028.53 and its 200-day moving average is GBX 3,846.26. Imperial Tobacco Group PLC has a 52-week low of GBX 3,234.00 and a 52-week high of GBX 4,154.00. The firm’s market capitalization is GBX 37.43 billion.

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In related news, insider Witts,Karen purchased 140 shares of the stock in a transaction on Friday, August 12th. The shares were bought at an average price of GBX 4,101 ($54.62) per share, for a total transaction of £5,741.40 ($7,647.04).
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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