Imperial Tobacco Group plc Sponsored (OTCMKTS:IMBBY) – Equities research analysts at Piper Jaffray Companies dropped their FY2020 earnings per share estimates for shares of Imperial Tobacco Group in a research note issued on Tuesday, November 5th. Piper Jaffray Companies analyst M. Lavery now anticipates that the company will post earnings of $3.52 per share for the year, down from their prior forecast of $3.61. Piper Jaffray Companies also issued estimates for Imperial Tobacco Group’s FY2021 earnings at $3.63 EPS.
Separately, Zacks Investment Research raised Imperial Tobacco Group from a “sell” rating to a “hold” rating in a report on Friday.
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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