Imperial Tobacco Group plc Sponsored (OTCMKTS:IMBBY) – Equities researchers at Piper Jaffray Companies lifted their FY2019 earnings per share estimates for shares of Imperial Tobacco Group in a note issued to investors on Tuesday, November 6th. Piper Jaffray Companies analyst M. Lavery now anticipates that the company will earn $3.64 per share for the year, up from their prior forecast of $3.47.
Several other equities research analysts have also recently commented on IMBBY. Zacks Investment Research raised Imperial Tobacco Group from a “sell” rating to a “hold” rating in a report on Wednesday, October 17th. Sanford C. Bernstein began coverage on Imperial Tobacco Group in a report on Tuesday, October 16th. They set an “outperform” rating on the stock. Finally, Royal Bank of Canada cut Imperial Tobacco Group from a “sector perform” rating to an “underperform” rating in a report on Monday, September 3rd. One analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $41.00.
Imperial Tobacco Group Company Profile
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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