IMI Stock Rating Reaffirmed by Panmure Gordon (IMI)
IMI (LON: IMI)‘s stock had its “hold” rating reiterated by equities research analysts at Panmure Gordon in a research note issued to investors on Thursday. They currently have a $18.10 (1204 GBX) price target on the stock.
A number of other analysts have also recently weighed in on IMI. Analysts at Citigroup raised their price target on shares of IMI from $19.71 to $21.23 in a research note to investors on Wednesday, February 27th. They now have a “buy” rating on the stock. Separately, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of IMI in a research note to investors on Monday, February 25th. They now have a $18.01 price target on the stock. Finally, analysts at Morgan Stanley downgraded shares of IMI to an “equal weight” rating in a research note to investors on Friday, February 15th. They now have a $18.47 price target on the stock, up previously from $17.88.
Shares of IMI opened at 1327.00 on Thursday. IMI has a one year low of GBX 763.50 and a one year high of GBX 1243.00. The stock’s 50-day moving average is currently GBX 912.6. The company’s market cap is £4.211 billion.
IMI plc is a holding company. The Company is focused on the precise control and movement of fluids in critical applications.
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