Imperial Tobacco Group PLC (LON:IMT) Receives Consensus Rating of “Hold” from Analysts

Imperial Tobacco Group PLC (LON:IMT) has been assigned an average recommendation of “Hold” from the twenty research firms that are currently covering the firm, Analyst Ratings Net reports. Three analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 3,568.35 ($53.10).

Shares of Imperial Tobacco Group PLC (LON:IMT) traded down 1.1432% on Monday, hitting GBX 3545.5002. The company had a trading volume of 832,923 shares. The firm has a 50-day moving average price of GBX 3,532.03 and a 200 day moving average price of GBX 3,366.10. The company’s market capitalization is GBX 33.81 billion. Imperial Tobacco Group PLC has a 12-month low of GBX 2,763.70 and a 12-month high of GBX 3,665.00.

The firm also recently announced a dividend, which will be paid on Thursday, March 31st. Stockholders of record on Thursday, February 4th will be paid a dividend of GBX 49.10 ($0.73) per share. The ex-dividend date is Thursday, February 4th. This represents a dividend yield of 1.4%.

In other news, insider Cooper,Alison purchased 11,594 shares of Imperial Tobacco Group PLC stock in a transaction that occurred on Wednesday, December 16th. The stock was acquired at an average cost of GBX 3,494 ($51.99) per share, for a total transaction of £405,094.36 ($602,818.99).

A number of equities research analysts recently issued reports on IMT shares. Goldman Sachs lifted their target price on Imperial Tobacco Group PLC from GBX 3,700 ($55.06) to GBX 3,900 ($58.04) and gave the company a “conviction-buy” rating in a research report on Thursday, November 26th. Barclays reissued an “equal weight” rating and issued a GBX 3,400 ($50.60) target price on shares of Imperial Tobacco Group PLC in a research report on Monday, November 2nd. Nomura reissued a “reduce” rating and issued a GBX 2,720 ($40.48) target price on shares of Imperial Tobacco Group PLC in a research report on Thursday, October 22nd. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Imperial Tobacco Group PLC in a research report on Monday, September 21st. Finally, Canaccord Genuity lifted their target price on Imperial Tobacco Group PLC from GBX 2,705 ($40.25) to GBX 2,725 ($40.55) and gave the company a “sell” rating in a research report on Tuesday, November 3rd.

Imperial Tobacco Group PLC (LON:IMT) is a tobacco company. The Company’s portfolio consists of Growth, Specialist and Portfolio Brands. Its growth brands include Davidoff, Gauloises Blondes, JPS, West, Fine, News, USA Gold, Bastos, Lambert & Butler and Parker & Simpson. Its specialist brands consist of a range of cigarette, fine cut tobacco, paper, and cigar and smokeless tobacco brands. Portfolio Brands are a mix of local and regional offerings that fulfil a variety of roles. Imperial Tobacco comprises two distinct businesses: Tobacco and Logistics. The Tobacco business comprises the manufacture, marketing and sale of tobacco and tobacco-related products, including sales to (but not by) the Logistics business. The Logistics business comprises the distribution of tobacco products for tobacco product manufacturers, including Imperial Tobacco, as well as a range of non-tobacco products and services.

 

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