Brokers Set Expectations for Imperial Tobacco Group plc Sponsored’s FY2018 Earnings (IMBBY)

Imperial Tobacco Group plc Sponsored (OTCMKTS:IMBBY) – Research analysts at Jefferies Financial Group boosted their FY2018 earnings per share (EPS) estimates for Imperial Tobacco Group in a report issued on Wednesday, October 17th. Jefferies Financial Group analyst O. Bennett now anticipates that the company will post earnings per share of $3.48 for the year, up from their previous estimate of $3.43. Jefferies Financial Group also issued estimates for Imperial Tobacco Group’s FY2021 earnings at $4.27 EPS.

Several other research firms have also weighed in on IMBBY. Zacks Investment Research upgraded shares of Imperial Tobacco Group from a “sell” rating to a “hold” rating in a report on Wednesday, July 25th. Royal Bank of Canada lowered shares of Imperial Tobacco Group from a “sector perform” rating to an “underperform” rating in a report on Monday, September 3rd. Finally, Sanford C. Bernstein initiated coverage on shares of Imperial Tobacco Group in a report on Tuesday. They issued an “outperform” rating on the stock. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $41.00.

Shares of IMBBY stock opened at $33.34 on Friday. Imperial Tobacco Group has a 52-week low of $32.61 and a 52-week high of $44.02. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.60 and a quick ratio of 0.30.

About Imperial Tobacco Group

Imperial Brands PLC, together with its subsidiaries, manufactures, markets, and sells tobacco and tobacco-related products. It offers cigarettes, fine cut tobacco, papers, and cigars; smokeless tobacco, including snus; and e-vapour products. The company sells its products under the growth brands, such as Davidoff, Gauloises Blondes, JPS, West, Fine, News, Winston, Bastos, Lambert & Butler, and Parker & Simpson; and specialist brands consisting of blu, Gitanes, Kool, Golden Virginia, Drum, Route 66, Cohiba, Montecristo, Romeo Y Julieta, Backwoods, Skruf, and Rizla in approximately 160 countries worldwide.

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Earnings History and Estimates for Imperial Tobacco Group (OTCMKTS:IMBBY)

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