Imperial Tobacco Group Rating Lowered to Reduce at Nomura (ITYBY)

Imperial Tobacco Group (NASDAQ: ITYBY) was downgraded by research analysts at Nomura from a “neutral” rating to a “reduce” rating in a report released on Monday. Shares of Imperial Tobacco Group opened at 76.37 on Monday. Imperial Tobacco Group has a 52 week low of $66.89 and a 52 week high of $84.01.

The company has a market cap of $38.215 billion and a P/E ratio of 14.08. Imperial Tobacco Group PLC (Imperial Tobacco) is a tobacco company. Through the Company’s total tobacco portfolio it provides consumers a range of brands and products, including cigarettes, fine cut tobacco, cigars and snus.