Trading Report: The Imperial Tobacco Group PLC’s (IMBBY) Buy Rating Reiterated at Jefferies Group

The Imperial Tobacco Group PLC’s (IMBBY) Buy Rating Reiterated at Jefferies Group

Jefferies Group reaffirmed their buy rating on shares of Imperial Tobacco Group PLC (OTCMKTS:IMBBY) in a report issued on Thursday.

IMBBY has been the subject of several other research reports. Zacks Investment Research upgraded shares of Imperial Tobacco Group PLC from a hold rating to a buy rating and set a $58.00 target price for the company in a report on Wednesday, October 5th. Royal Bank Of Canada upgraded shares of Imperial Tobacco Group PLC from an underperform rating to a sector perform rating in a report on Friday, June 17th. Bank of America Corp. reiterated a buy rating on shares of Imperial Tobacco Group PLC in a report on Wednesday, June 15th. Societe Generale reiterated a buy rating on shares of Imperial Tobacco Group PLC in a report on Tuesday, June 28th. Finally, Deutsche Bank AG reiterated a buy rating on shares of Imperial Tobacco Group PLC in a report on Sunday, July 31st. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of $2,129.00.

Shares of Imperial Tobacco Group PLC (OTCMKTS:IMBBY) opened at 46.55 on Thursday. The stock’s 50 day moving average is $51.10 and its 200-day moving average is $52.82. Imperial Tobacco Group PLC has a one year low of $46.51 and a one year high of $55.84. The company has a market cap of $44.39 billion, a P/E ratio of 31.01 and a beta of 0.69.

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