Imperial Tobacco Group (IMBBY) Expected to Post Earnings on Tuesday

Imperial Tobacco Group (OTCMKTS:IMBBY) is projected to release its results before the market opens on Tuesday, November 17th. Analysts expect the company to announce earnings of $2.58 per share and revenue of $7.43 billion for the quarter.

Imperial Tobacco Group Stock Performance

Shares of IMBBY stock opened at $39.26 on Tuesday. The company’s fifty day simple moving average is $35.58 and its 200-day simple moving average is $38.26. 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 12 month low of $32.07 and a 12 month high of $45.60.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on IMBBY shares. Jefferies Financial Group lowered Imperial Tobacco Group from a “buy” rating to a “hold” rating in a report on Monday, October 19th. BTIG Research started coverage on shares of Imperial Tobacco Group in a research note on Wednesday, July 22nd. They issued a “neutral” rating on the stock. Three investment analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company has a consensus rating of “Hold”.

About Imperial Tobacco Group

Imperial Tobacco Group, now known as Imperial Brands PLC, is a British consumer-goods company focused on tobacco and nicotine products. The company’s portfolio includes cigarettes, fine-cut tobacco, cigars, rolling papers and newer nicotine products, including vaping devices and oral nicotine products.

Its brands include Davidoff, Gauloises, West, blu and Rizla. Imperial Brands sells products in markets around the world, with its business spanning Europe, the Americas, Africa, the Middle East and Asia.

Founded in 1901 as the Imperial Tobacco Company, the business adopted the Imperial Brands name in 2016.