Imperial Tobacco Group (OTCMKTS:IMBBY) Stock Gets Downgrade from Jefferies Financial Group

Imperial Tobacco Group (OTCMKTS:IMBBY) was downgraded by equities research analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, MarketBeat Ratings reports.

Separately, BTIG Research initiated coverage on Imperial Tobacco Group in a research note on Wednesday, July 22nd. They issued a “neutral” rating for the company. Three investment analysts have rated the stock with a Hold rating. According to MarketBeat.com, Imperial Tobacco Group has a consensus rating of “Hold”.

Imperial Tobacco Group Stock Up 1.1%

IMBBY stock opened at $38.22 on Monday. The company’s 50-day simple moving average is $34.30 and its 200-day simple moving average is $36.57. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.70 and a quick ratio of 0.31. Imperial Tobacco Group has a 52-week low of $32.07 and a 52-week high of $45.60.

About Imperial Tobacco Group

Imperial Tobacco Group, now known as Imperial Brands plc, is a British multinational consumer goods company focused primarily on tobacco and nicotine products. Its portfolio includes cigarettes, fine-cut tobacco, cigars, rolling papers and other traditional tobacco products, as well as next-generation alternatives such as vaping products, heated tobacco and oral nicotine products.

The company markets a range of international and regional brands, including JPS, West, Davidoff, Gauloises, Gitanes, Lambert & Butler, Golden Virginia, Rizla and blu.