Trading Report: Today, Imperial Tobacco Group PLC (IMB) Earns Overweight Rating from Barclays PLC

Today, Imperial Tobacco Group PLC (IMB) Earns Overweight Rating from Barclays PLC

Imperial Tobacco Group PLC (LON:IMB)‘s stock had its “overweight” rating restated by equities research analysts at Barclays PLC in a research note issued on Tuesday. They presently have a GBX 4,400 ($54.97) target price on the stock. Barclays PLC’s price objective would suggest a potential upside of 25.68% from the company’s previous close.

Other equities research analysts also recently issued research reports about the company. Goldman Sachs Group Inc. reissued a “buy” rating and issued a GBX 4,250 ($53.10) price objective on shares of Imperial Tobacco Group PLC in a report on Tuesday, September 13th. Societe Generale reissued a “buy” rating and issued a GBX 4,500 ($56.22) price objective on shares of Imperial Tobacco Group PLC in a report on Friday, September 9th. Deutsche Bank AG increased their price objective on Imperial Tobacco Group PLC from GBX 4,300 ($53.72) to GBX 4,500 ($56.22) and gave the company a “buy” rating in a report on Friday, September 9th. Jefferies Group increased their price objective on Imperial Tobacco Group PLC from GBX 3,550 ($44.35) to GBX 4,600 ($57.47) and gave the company a “buy” rating in a report on Wednesday, September 21st. Finally, Beaufort Securities reissued a “buy” rating on shares of Imperial Tobacco Group PLC in a report on Friday, September 30th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 4,092.14 ($51.13).

Shares of Imperial Tobacco Group PLC (LON:IMB) traded up 0.37% during midday trading on Tuesday, hitting GBX 3501.00. 1,586,437 shares of the stock traded hands. Imperial Tobacco Group PLC has a 1-year low of GBX 3,350.50 and a 1-year high of GBX 4,154.00. The stock has a 50 day moving average of GBX 3,737.51 and a 200 day moving average of GBX 3,867.15. The company’s market capitalization is GBX 33.41 billion.

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

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