Imperial Tobacco Group (OTCMKTS:IMBBY) Cut to “Hold” at Jefferies Financial Group

Jefferies Financial Group downgraded shares of Imperial Tobacco Group (OTCMKTS:IMBBY) from a buy rating to a hold rating in a research note released on Monday morning, Marketbeat.com reports.

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

Imperial Tobacco Group Stock Down 0.3%

Shares of IMBBY opened at $38.11 on Monday. Imperial Tobacco Group has a twelve month low of $32.07 and a twelve month high of $45.60. The company has a 50 day moving average of $34.36 and a 200-day moving average of $36.55. The company has a quick ratio of 0.31, a current ratio of 0.70 and a debt-to-equity ratio of 1.88.

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.