Imperial Tobacco Group (OTCMKTS:IMBBY) Raised to Hold at Zacks Investment Research

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Zacks Investment Research upgraded shares of Imperial Tobacco Group (OTCMKTS:IMBBY) from a sell rating to a hold rating in a report released on Thursday morning, 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. “

OTCMKTS:IMBBY opened at $23.46 on Thursday. Imperial Tobacco Group has a one year low of $21.50 and a one year high of $36.25. The company has a market cap of $22.45 billion, a P/E ratio of 6.65, a P/E/G ratio of 0.89 and a beta of 0.58. The firm’s fifty day moving average price is $24.99 and its two-hundred day moving average price is $27.07.

Imperial Tobacco Group Company Profile

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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