Barclays PLC Reiterates “Overweight” Rating for IMI plc (IMI)
IMI plc (LON:IMI)‘s stock had its “overweight” rating reaffirmed by Barclays PLC in a research report issued on Friday.
IMI has been the topic of several other reports. Deutsche Bank AG reissued a “hold” rating and set a GBX 1,170 ($15.39) price target on shares of IMI plc in a report on Thursday, October 12th. Credit Suisse Group reissued an “outperform” rating on shares of IMI plc in a report on Friday, July 21st. BNP Paribas reissued an “outperform” rating and set a GBX 1,450 ($19.07) price target on shares of IMI plc in a report on Tuesday, July 18th. J P Morgan Chase & Co reissued a “neutral” rating on shares of IMI plc in a report on Monday, July 24th. Finally, Goldman Sachs Group, Inc. (The) reissued a “neutral” rating on shares of IMI plc in a report on Friday, July 14th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 1,287.33 ($16.93).
IMI plc (LON IMI) opened at GBX 1,260 ($16.57) on Friday. IMI plc has a twelve month low of GBX 899.50 ($11.83) and a twelve month high of GBX 1,325 ($17.43).
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About IMI plc
IMI plc is a United Kingdom-based specialized engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates through IMI Critical Engineering, IMI precision engineering and IMI hydronic engineering segments.
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