Imperial Tobacco Group plc Sponsored (OTCMKTS:IMBBY) – Research analysts at Jefferies Financial Group cut their FY2019 EPS estimates for shares of Imperial Tobacco Group in a note issued to investors on Wednesday, April 17th, Zacks Investment Research reports. Jefferies Financial Group analyst O. Bennett now forecasts that the company will post earnings of $3.67 per share for the year, down from their previous forecast of $3.74. Jefferies Financial Group also issued estimates for Imperial Tobacco Group’s FY2020 earnings at $3.94 EPS and FY2021 earnings at $4.24 EPS.
A number of other equities research analysts also recently issued reports on IMBBY. Zacks Investment Research upgraded shares of Imperial Tobacco Group from a “sell” rating to a “hold” rating in a research note on Friday. Citigroup upgraded shares of Imperial Tobacco Group from a “neutral” rating to a “buy” rating in a research note on Thursday, March 28th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. Imperial Tobacco Group presently has a consensus rating of “Hold” and an average target price of $38.00.
About Imperial Tobacco Group
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.
Featured Story: What is a support level?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Imperial Tobacco Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Tobacco Group and related companies with MarketBeat.com's FREE daily email newsletter.