BTIG Research Begins Coverage on Imperial Tobacco Group (OTCMKTS:IMBBY)

Analysts at BTIG Research began coverage on shares of Imperial Tobacco Group (OTCMKTS:IMBBY) in a research report issued on Wednesday. The firm set a “neutral” rating on the stock.

Separately, UBS Group cut Imperial Tobacco Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, Imperial Tobacco Group currently has an average rating of “Hold”.

Imperial Tobacco Group Stock Performance

Shares of IMBBY opened at $37.70 on Wednesday. The company has a quick ratio of 0.31, a current ratio of 0.70 and a debt-to-equity ratio of 1.88. Imperial Tobacco Group has a 12-month low of $35.50 and a 12-month high of $45.60. The business has a 50-day simple moving average of $37.33 and a two-hundred day simple moving average of $39.93.

About Imperial Tobacco Group

Imperial Tobacco Group, historically established in the United Kingdom in 1901 and now operating under the Imperial Brands name, is a multinational tobacco and nicotine company headquartered in Bristol, England. The company’s core business is the manufacture, marketing and sale of tobacco products and alternative nicotine offerings to adult consumers. It supplies products through a combination of owned channels and third-party distributors and focuses on managing an international portfolio of consumer tobacco and nicotine brands.

Product categories include manufactured cigarettes, cigars and fine-cut tobacco for roll-your-own use, together with a growing range of next-generation nicotine products such as vaping devices, heated tobacco and non-combustible nicotine formats that reflect a strategic shift toward reduced-risk alternatives.