Citigroup Reaffirms Its “Buy” Rating on Imperial Tobacco Group (LON:IMT) Shares Today

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Imperial Tobacco Group (LON:IMT) Rating Reaffirmed

Citigroup has decided to reaffirm their “Buy” rating on Imperial Tobacco Group (LON:IMT) in a very recent research note announced on Wednesday, 9 December.

From a total of 18 analysts covering Imperial Tobacco Group (LON:IMT) stock, 12 rate it a ”Buy”, 3 a “Sell”, and 5 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is GBX 4100 while the lowest target price is GBX 2700. The mean of all analyst targets is GBX 3623.61 with a -0.04% below today’s (GBX 3523.52) stock price. Imperial Tobacco Group was the topic of 76 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on December 8 with “Equal Weight” rating. UBS maintained shares with “Buy” rating and GBX 3350 target share price in a report from a November 25. Jefferies maintained IMT stock in a recent report from December 1 with “Hold” rating. BNP Paribas maintained the rating on November 24. BNP Paribas has a “Outperform” rating and a GBX 3750 price target on shares. Finally, Goldman Sachs maintained the stock with “Conviction Buy” rating in a report issued on a November 26.

The stock increased 0.24% or GBX 8.52 on December 9, striking GBX 3523.52. Approximately 1.67 million shares of stock traded hands. Imperial Tobacco Group PLC (LON:IMT) has risen 10.36% since May 12, 2015 and is uptrending. It has outperformed by 11.16% the S&P500.

Citigroup Reaffirms Its

Imperial Tobacco Group PLC is a tobacco company. The company has a market cap of 34.09 billion GBP. The Company’s portfolio consists of Growth, Specialist and Portfolio Brands. It has 19.92 P/E ratio. The Company’s growth brands include Davidoff, Gauloises Blondes, JPS, West, Fine, News, USA Gold, Bastos, Lambert & Butler and Parker & Simpson.

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