Zacks Investment Research lowered shares of Imperial Tobacco Group (OTCMKTS:IMBBY) from a hold rating to a sell rating in a research note released on Wednesday morning, Zacks.com reports.

According to Zacks, “Imperial Brands PLC manufactures, markets and sells tobacco and tobacco-related products. It offers cigarettes, fine cut tobacco, papers, cigars, snus and smokeless tobacco products. Imperial Brands PLC, formerly known as Imperial Tobacco Group PLC, is based in Bristol, the United Kingdom. “

Shares of Imperial Tobacco Group stock traded up $0.17 during mid-day trading on Wednesday, hitting $23.70. The stock had a trading volume of 23,832 shares, compared to its average volume of 459,767. The firm has a 50-day moving average of $24.82 and a two-hundred day moving average of $26.80. Imperial Tobacco Group has a 12-month low of $21.50 and a 12-month high of $36.25. The firm has a market cap of $22.51 billion, a P/E ratio of 6.71, a price-to-earnings-growth ratio of 0.91 and a beta of 0.58.

Imperial Tobacco Group Company Profile

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Lambert & Butler, Bastos, Fine, Winston, News, and Parker & Simpson; and specialist brands consisting of blu, Kool, Gitanes, Jade, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, Golden Virginia, and Drum in approximately 160 countries worldwide.

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