Imperial Tobacco Group (IMBBY) Stock Rating Upgraded by Zacks Investment Research

Imperial Tobacco Group (OTCMKTS:IMBBY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday, 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 Imperial Tobacco Group from a “neutral” rating to a “buy” rating in a research note on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $38.00.

OTCMKTS:IMBBY opened at $24.14 on Thursday. The firm has a market cap of $23.10 billion, a PE ratio of 6.84, a PEG ratio of 0.98 and a beta of 0.45. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.65 and a quick ratio of 0.32. Imperial Tobacco Group has a 52-week low of $24.10 and a 52-week high of $38.87.

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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