Imperial Tobacco Group (LON:IMT) Rating Reaffirmed
In a recent report revealed to investors and clients this morning, Goldman Sachs has decided to restate their Buy rating on Imperial Tobacco Group (LON:IMT) shares. The target price would suggest a possible upside of 9.45% from company’s 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 1.44% above today’s (GBX 3472) 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 1.20M 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 33.21 billion GBP. The Company’s portfolio consists of Growth, Specialist and Portfolio Brands. It has 19.63 P/E ratio. The Company’s growth brands include Davidoff, Gauloises Blondes, JPS, West, Fine, News, USA Gold, Bastos, Lambert & Butler and Parker & Simpson.