Imperial Tobacco Group (OTCMKTS:IMBBY) Coverage Initiated at Goldman Sachs Group

Analysts at Goldman Sachs Group started coverage on shares of Imperial Tobacco Group (OTCMKTS:IMBBY) in a research note issued to investors on Tuesday, The Fly reports. The firm set a “neutral” rating on the stock.

IMBBY has been the subject of a number of other reports. ValuEngine cut shares of Imperial Tobacco Group from a “sell” rating to a “strong sell” rating in a research note on Wednesday, May 27th. Morgan Stanley reissued an “underweight” rating on shares of Imperial Tobacco Group in a research note on Tuesday, April 7th. Deutsche Bank reaffirmed a “buy” rating on shares of Imperial Tobacco Group in a research note on Monday, March 30th. Zacks Investment Research cut shares of Imperial Tobacco Group from a “hold” rating to a “sell” rating in a research note on Friday, May 29th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Imperial Tobacco Group in a research note on Tuesday, March 10th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. Imperial Tobacco Group presently has a consensus rating of “Hold”.

Shares of IMBBY traded up $0.05 during mid-day trading on Tuesday, reaching $18.80. 37,102 shares of the company’s stock were exchanged, compared to its average volume of 296,962. The company has a quick ratio of 0.57, a current ratio of 0.90 and a debt-to-equity ratio of 2.09. The company has a 50-day simple moving average of $19.01 and a two-hundred day simple moving average of $21.18. Imperial Tobacco Group has a 52-week low of $14.42 and a 52-week high of $27.45. The company has a market cap of $17.99 billion, a price-to-earnings ratio of 5.60 and a beta of 0.76.

About Imperial Tobacco Group

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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The Fly

Analyst Recommendations for Imperial Tobacco Group (OTCMKTS:IMBBY)

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