Imperial Tobacco Group Received Neutral Rating from JPMorgan Chase & Co

imperial tobacco

StockRatingsNetwork wrote that recently JPMorgan Chase & Co. made their report in which they gave one more time neutral rating on shares of Imperial Tobacco Group. At the moment Imperial Tobacco Group has a GBX 3,067 ($46.32) price target on the stock.

Imperial Tobacco Group PLC is a tobacco company based in Bristol, United Kingdom. It produces such cigarette brands as Davidoff, Gauloises and Richmond.

Shares of Imperial Tobacco Group were sold at a price reduced by 0.27% during mid-day trading on July 17, hitting GBX 2191.00.

Imperial Tobacco Group has a 52 week high of GBX 2562.00 and a 52 week low of GBX 2224.00. Today the stock’s 50-day moving average is GBX 2314.57. The company’s market capitalixation is £21.463 billion.

Besides JPMorgan Chase & Co. other analytics also made their comments on the stock. In a research note to investors made on July 11, analysts at Barclays Capital reiterated an equal weight rating on shares of Imperial Tobacco Group.

Now they have a GBX 2,600 ($39.27) price target on the stock. On July 9 in a research note to investors, analysts at Canaccord Genuity reduced shares of Imperial Tobacco Group from a “buy” rating to a “hold” rating. They now have a GBX 2,450 ($37.00) price target on the stock, down earlier from GBX 2,900 ($43.80).

The company’s stock has currently a rating of hold and an average target price of GBX 2,673.09 ($40.37).  The results of the evaluation is following: 3 analysts have rated the stock with a sell rating, 12 have given a hold rating and 7 have given a buy rating to Imperial Tobacco Company.

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