Multiple institutions re-evaluate Imperial Tobacco shares

Multiple institutions re-evaluate Imperial Tobacco shares

"Market Heat" reported on December 25 that independent research institutions conducted multiple studies on the stock of Imperial Brands PLC.

JPMorgan lowered its share price target from 2,350 pounds to 2,250 pounds on November 20 and gave the company an "over-allot" rating. Barclays on September 26 lowered their share price target for Imperial Tobacco from £2,500 to £2,400 and gave the company an "over-quota" rating. Citigroup upgraded shares of Imperial Tobacco to a "buy" rating in a report on Friday, October 6th. In a research report on November 15, Deutsche Bank reiterated a "buy" rating on Imperial Tobacco and set a share price target of 2,325 pounds. Finally, Jefferies Financial Group once again gave Imperial Tobacco a "hold" rating in a research report on November 15.

Imperial Tobacco shares reportedly opened at £1,819 on Monday. The company has a debt-to-equity ratio of 157.30, a quick ratio of 0.41, and a cash ratio of 0.72. Imperial Tobacco's 52-week lowest share price in the past year was 1,553.50 pounds and the highest share price was 2,114 pounds. The company has a market capitalization of approximately £160.9 billion, a P/E ratio of 724.70, a PEG ratio of 15.14, and a beta value of 0.44.

Imperial Tobacco Company and its subsidiaries produce, import and sell tobacco and tobacco-related products in Europe, America, Africa, Asia and Australia. Its product range includes a variety of cigarettes, premium cut tobacco, rolling papers, cigars and traditional oral tobacco; as well as a Next Generation Products (NGP) portfolio such as e-cigarette products, nicotine snus and heated tobacco products.
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