Reaffirmed: Imperial Tobacco Group PLC (LON:IMT) “Reduce” Rating Has Been Reiterated at Nomura; GBX 2880.00 Target in Place


Imperial Tobacco Group PLC (LON:IMT) Rating Reaffirmed

Nomura now has a GBX 2880.00 target on shares of Imperial Tobacco Group PLC (LON:IMT). The target may imply a potential downside of -19.91% from the price per share of Imperial Tobacco Group PLC (LON:IMT). This rating was disclosed in an analyst note on Friday, 27 November.

From a total of 18 analysts covering Imperial Tobacco Group (LON:IMT) stock, 12 rate it a ”Buy”, 3 a “Sell”, and 3 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is GBX 4000 while the lowest target price is GBX 2600. The mean of all analyst targets is GBX 3482.76 with a -3.15% below today’s (GBX 3596) stock price. Imperial Tobacco Group was the topic of 73 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on November 27 with “Reduce” rating. Morgan Stanley maintained shares with “Overwt/Attractive” rating and GBX 3800 target share price in a report from a November 13. UBS maintained IMT stock in a recent report from November 25 with “Buy” rating. Credit Suisse maintained the rating on November 6. Credit Suisse has a “Outperform” rating and a GBX 3800 price target on shares. Finally, Citigroup maintained the stock with “Buy” rating in a report issued on a November 23.

The stock decreased 0.28% or GBX 10 on November 26, striking GBX 3596. Approximately shares of stock traded hands. Imperial Tobacco Group PLC (LON:IMT) has risen 12.97% since April 30, 2015 and is uptrending. It has outperformed by 14.33% the S&P500.

Reaffirmed: Imperial Tobacco Group PLC (LON:IMT)

Imperial Tobacco Group PLC is a tobacco company. The company has a market cap of 34.57 billion GBP. The Company’s portfolio consists of Growth, Specialist and Portfolio Brands. It has 20.33 P/E ratio. The Company’s growth brands include Davidoff, Gauloises Blondes, JPS, West, Fine, News, USA Gold, Bastos, Lambert & Butler and Parker & Simpson.