Imperial Tobacco Group (IMBBY) Lifted to Hold at Zacks Investment Research

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Zacks Investment Research upgraded shares of Imperial Tobacco Group (OTCMKTS:IMBBY) from a sell rating to a hold rating in a research note issued to investors on Friday morning, Zacks.com reports.

According to Zacks, “Imperial Brands PLC manufactures, markets and sells tobacco and tobacco-related products. It offers cigarettes, fine cut tobacco, papers, cigars, snus and smokeless tobacco products. Imperial Brands PLC, formerly known as Imperial Tobacco Group PLC, is based in Bristol, the United Kingdom. “

Separately, Citigroup raised shares of Imperial Tobacco Group from a neutral rating to a buy rating in a research report on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of Hold and an average target price of $38.00.

OTCMKTS:IMBBY opened at $28.10 on Friday. Imperial Tobacco Group has a 12 month low of $28.06 and a 12 month high of $38.87. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.65 and a quick ratio of 0.32. The stock has a market capitalization of $26.88 billion, a PE ratio of 7.96, a P/E/G ratio of 1.09 and a beta of 0.45.

Imperial Tobacco Group Company Profile

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products. It offers a range of cigarettes, fine cut and smokeless tobacco, papers, and cigars; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Lambert & Butler, Bastos, Fine, Winston, News, and Parker & Simpson; and specialist brands consisting of blu, Kool, Gitanes, Jade, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, Golden Virginia, and Drum in approximately 160 countries worldwide.

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