Imperial Tobacco Group (OTCMKTS:IMBBY) Now Covered by BTIG Research

BTIG Research began coverage on shares of Imperial Tobacco Group (OTCMKTS:IMBBY) in a research report released on Wednesday morning, Marketbeat.com reports. The brokerage issued a neutral rating on the stock.

Separately, UBS Group cut Imperial Tobacco Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Imperial Tobacco Group presently has a consensus rating of “Hold”.

Imperial Tobacco Group Price Performance

Shares of Imperial Tobacco Group stock opened at $37.60 on Wednesday. The stock’s fifty day moving average is $37.33 and its 200-day moving average is $39.90. The company has a quick ratio of 0.31, a current ratio of 0.70 and a debt-to-equity ratio of 1.88. Imperial Tobacco Group has a 12-month low of $35.50 and a 12-month high of $45.60.

Imperial Tobacco Group Company Profile

Imperial Tobacco Group, historically established in the United Kingdom in 1901 and now operating under the Imperial Brands name, is a multinational tobacco and nicotine company headquartered in Bristol, England. The company’s core business is the manufacture, marketing and sale of tobacco products and alternative nicotine offerings to adult consumers. It supplies products through a combination of owned channels and third-party distributors and focuses on managing an international portfolio of consumer tobacco and nicotine brands.

Product categories include manufactured cigarettes, cigars and fine-cut tobacco for roll-your-own use, together with a growing range of next-generation nicotine products such as vaping devices, heated tobacco and non-combustible nicotine formats that reflect a strategic shift toward reduced-risk alternatives.