Imperial Tobacco Group PLC (IMBBY) Stock Rating Lowered by Zacks Investment Research
Imperial Tobacco Group PLC (OTCMKTS:IMBBY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Tuesday.
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. “
Other equities analysts have also recently issued reports about the company. UBS AG cut Imperial Tobacco Group PLC from a “buy” rating to a “neutral” rating in a research report on Monday, November 13th. J P Morgan Chase & Co reiterated a “neutral” rating on shares of Imperial Tobacco Group PLC in a research note on Wednesday, September 27th. Finally, Royal Bank Of Canada upgraded shares of Imperial Tobacco Group PLC from a “sector perform” rating to an “outperform” rating in a research note on Monday, August 21st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. Imperial Tobacco Group PLC currently has a consensus rating of “Hold” and a consensus price target of $51.42.
Imperial Tobacco Group PLC (OTCMKTS:IMBBY) opened at $42.21 on Tuesday. Imperial Tobacco Group PLC has a 12-month low of $40.03 and a 12-month high of $50.43.
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Imperial Tobacco Group PLC Company Profile
Imperial Brands PLC, formerly Imperial Tobacco Group PLC, is a fast-moving consumer goods company. The Company offers a range of cigarettes, fine cut and smokeless tobaccos, papers and cigars. The Company’s segments include Growth Markets, USA, Returns Markets North, Returns Markets South and Logistics.
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