Imperial Tobacco Group Downgraded by Nomura (IMT)

Source from:  Zolmax.com 10/11/2012

Nomura cut shares of Imperial Tobacco Group (LON: IMT) to a reduce rating in a research report sent to investors on Monday morning. The firm currently has $34.94 (2183 GBX) price target on the stock. Imperial Tobacco Group traded down 0.61% on Monday, hitting GBX 2271.00. Imperial Tobacco Group has a 1-year low of GBX 2140.00 and a 1-year high of GBX 2629.00. The company's market cap is ￡22.728 billion. Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a buy rating on shares of Imperial Tobacco Group in a research note to investors on Tuesday, October 2nd. They now have a $45.17 price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a buy rating on shares of Imperial Tobacco Group in a research note to investors on Thursday, September 27th. They now have a $46.77 price target on the stock. Finally, analysts at Barclays Capital reiterated an equalweight rating on shares of Imperial Tobacco Group in a research note to investors on Friday, September 21st. They now have a $43.95 price target on the stock. Enditem