Zacks Investment Research downgraded shares of Imperial Tobacco Group (OTCMKTS:IMBBY) from a buy rating to a hold rating in a research report sent to investors on Saturday morning, Zacks.com reports.

According to Zacks, “Imperial Brands PLC manufactures, markets and sells tobacco and tobacco-related products. It offers cigarettes, fine cut tobacco, papers, cigars, snus and smokeless tobacco products. Imperial Brands PLC, formerly known as Imperial Tobacco Group PLC, is based in Bristol, the United Kingdom. “

Other analysts have also issued research reports about the company. Citigroup upgraded Imperial Tobacco Group from a neutral rating to a buy rating in a research note on Thursday, March 28th. Cowen lowered Imperial Tobacco Group from an outperform rating to a market perform rating in a research note on Monday, January 7th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $38.00.

IMBBY stock opened at $32.15 on Friday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.32 and a current ratio of 0.65. Imperial Tobacco Group has a twelve month low of $28.70 and a twelve month high of $38.87. The firm has a market capitalization of $30.76 billion, a price-to-earnings ratio of 9.11, a price-to-earnings-growth ratio of 1.20 and a beta of 0.50.

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.

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