Imperial Tobacco Group PLC (LON:IMB) had its price target increased by Jefferies Group from GBX 4,300 ($51.88) to GBX 4,400 ($53.08) in a research report report published on Monday. Jefferies Group currently has a buy rating on the stock.
Several other research analysts have also issued reports on IMB. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 3,640 ($43.91) target price on shares of Imperial Tobacco Group PLC in a research report on Wednesday, December 7th. Credit Suisse Group AG restated a neutral rating and set a GBX 4,000 ($48.26) price target on shares of Imperial Tobacco Group PLC in a research report on Thursday, September 29th. Goldman Sachs Group Inc. restated a conviction-buy rating and set a GBX 4,130 ($49.83) price target (down from GBX 4,300 ($51.88)) on shares of Imperial Tobacco Group PLC in a research report on Friday, December 2nd. Whitman Howard restated a buy rating and set a GBX 5,100 ($61.53) price target on shares of Imperial Tobacco Group PLC in a research report on Wednesday, December 14th. Finally, Barclays PLC restated an overweight rating and set a GBX 4,400 ($53.08) price target on shares of Imperial Tobacco Group PLC in a research report on Friday, September 30th. Two analysts have rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of GBX 4,110.87 ($49.59).
Shares of Imperial Tobacco Group PLC (LON:IMB) opened at 3549.25 on Monday. The stock has a 50 day moving average price of GBX 3,512.65 and a 200 day moving average price of GBX 3,808.93. The firm’s market capitalization is GBX 33.90 billion. Imperial Tobacco Group PLC has a 52 week low of GBX 3,324.00 and a 52 week high of GBX 4,154.00.
The business also recently declared a dividend, which will be paid on Friday, March 31st. Investors of record on Thursday, February 16th will be paid a GBX 54.10 ($0.65) dividend. This represents a yield of 1.47%. The ex-dividend date of this dividend is Thursday, February 16th.
In related news, insider Alison Cooper purchased 11,024 shares of the firm’s stock in a transaction that occurred on Wednesday, December 14th. The stock was bought at an average cost of GBX 3,506 ($42.30) per share, with a total value of £386,501.44 ($466,282.35).
Imperial Tobacco Group PLC Company Profile
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.