Today, Brokerages gives Consensus Recommendation of “Buy” to Imperial Tobacco Group PLC (IMB)

Today, Brokerages gives Consensus Recommendation of “Buy” to Imperial Tobacco Group PLC (IMB)
Shares of Imperial Tobacco Group PLC (LON:IMB) have been assigned an average recommendation of “Buy” from the fifteen brokerages that are currently covering the firm. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 4,076.15 ($50.93).

Several analysts have issued reports on the company. Goldman Sachs Group Inc. restated a “buy” rating on shares of Imperial Tobacco Group PLC in a research note on Tuesday, August 23rd. Credit Suisse Group AG lowered Imperial Tobacco Group PLC to a “neutral” rating and dropped their price objective for the company from GBX 4,250 ($53.10) to GBX 4,000 ($49.98) in a research note on Wednesday, September 21st. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 4,230 ($52.85) price objective on shares of Imperial Tobacco Group PLC in a research note on Friday, September 30th. Barclays PLC restated an “overweight” rating and issued a GBX 4,400 ($54.97) price objective on shares of Imperial Tobacco Group PLC in a research note on Friday, September 30th. Finally, Societe Generale restated a “buy” rating and issued a GBX 4,500 ($56.22) price objective on shares of Imperial Tobacco Group PLC in a research note on Friday, September 9th.

Shares of Imperial Tobacco Group PLC (LON:IMB) traded up 0.37% during mid-day trading on Friday, reaching GBX 3501.00. The company had a trading volume of 1,586,437 shares. The firm’s 50 day moving average is GBX 3,749.73 and its 200-day moving average is GBX 3,869.69. Imperial Tobacco Group PLC has a 12-month low of GBX 3,350.50 and a 12-month high of GBX 4,154.00. The stock’s market capitalization is GBX 33.41 billion.

The business also recently disclosed a dividend, which will be paid on Friday, March 31st. Shareholders of record on Thursday, February 16th will be paid a dividend of GBX 54.10 ($0.68) per share. The ex-dividend date of this dividend is Thursday, February 16th. This represents a yield of 1.47%.

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