IMI (IMI) Receives Buy Rating from Liberum Capital
Several other research analysts have also recently issued reports on IMI. Barclays reiterated an overweight rating on shares of IMI in a report on Friday, November 10th. Deutsche Bank increased their target price on shares of IMI from GBX 1,170 ($16.16) to GBX 1,285 ($17.75) and gave the stock a hold rating in a report on Friday, November 10th. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 1,315 ($18.17) target price on shares of IMI in a report on Friday, November 10th. Numis Securities cut shares of IMI to a reduce rating and set a GBX 1,125 ($15.54) target price on the stock. in a report on Tuesday, December 5th. Finally, Credit Suisse Group increased their target price on shares of IMI from GBX 1,310 ($18.10) to GBX 1,340 ($18.51) and gave the stock an outperform rating in a report on Friday, December 15th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of GBX 1,326.67 ($18.33).
IMI (LON IMI) opened at GBX 1,133 ($15.65) on Friday. IMI has a 1-year low of GBX 1,107 ($15.29) and a 1-year high of GBX 1,453 ($20.07). The stock has a market cap of $3,080.00 and a PE ratio of 2,137.74.
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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