Imperial Tobacco Group (LON:IMT) Rating Reaffirmed
London: In a recent report issued to investors and clients on Thursday, 10 December, RBC Capital Markets reiterated their Underperform rating on Imperial Tobacco Group (LON:IMT) shares. They now have a GBX 2700 PT on the firm. RBC Capital Markets’s target would indicate a potential downside of -22.06% from the company’s last stock close price.
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 3618.06 with a 1.47% above today’s (GBX 3471) stock price. Imperial Tobacco Group was the topic of 77 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Citigroup maintained shares on December 9 with “Buy” rating. Goldman Sachs maintained shares with “Conviction Buy” rating and GBX 3900 target share price in a report from a November 26. AlphaValue maintained IMT stock in a recent report from December 3 with “Add” rating. UBS maintained the rating on November 25. UBS has a “Buy” rating and a GBX 3350 price target on shares. Finally, Nomura maintained the stock with “Reduce” rating in a report issued on a November 27.
Approximately 873,805 shares of stock traded hands. Imperial Tobacco Group PLC (LON:IMT) has risen 9.29% since May 13, 2015 and is uptrending. It has outperformed by 11.22% the S&P500.
Imperial Tobacco Group PLC is a tobacco company. The company has a market cap of 33.20 billion GBP. The Company’s portfolio consists of Growth, Specialist and Portfolio Brands. It has 19.62 P/E ratio. The Company’s growth brands include Davidoff, Gauloises Blondes, JPS, West, Fine, News, USA Gold, Bastos, Lambert & Butler and Parker & Simpson.