Imperial Tobacco Group (OTCMKTS:IMBBY) Stock Rating Lowered by Jefferies Financial Group

Imperial Tobacco Group (OTCMKTS:IMBBY) was downgraded by stock analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a report issued on Monday, Briefing.com reports.

Separately, BTIG Research assumed coverage on Imperial Tobacco Group in a report on Wednesday, July 22nd. They set a “neutral” rating for the company. Three analysts have rated the stock with a Hold rating. According to MarketBeat, the stock currently has an average rating of “Hold”.

Imperial Tobacco Group Price Performance

Shares of IMBBY opened at $38.52 on Monday. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.70 and a quick ratio of 0.31. Imperial Tobacco Group has a one year low of $32.07 and a one year high of $45.60. The business’s 50 day simple moving average is $34.21 and its 200-day simple moving average is $36.61.

About Imperial Tobacco Group

Imperial Tobacco Group, now known as Imperial Brands plc, is a British multinational consumer goods company focused primarily on tobacco and nicotine products. Its portfolio includes cigarettes, fine-cut tobacco, cigars, rolling papers and other traditional tobacco products, as well as next-generation alternatives such as vaping products, heated tobacco and oral nicotine products.

The company markets a range of international and regional brands, including JPS, West, Davidoff, Gauloises, Gitanes, Lambert & Butler, Golden Virginia, Rizla and blu.