IMI (LON:IMI)‘s stock had its “add” rating restated by investment analysts at Peel Hunt in a report issued on Monday.

A number of other equities research analysts also recently issued reports on IMI. Morgan Stanley lowered their price objective on IMI from GBX 1,290 ($16.86) to GBX 1,240 ($16.20) and set an “overweight” rating on the stock in a research report on Wednesday, December 5th. Liberum Capital reiterated a “sell” rating on shares of IMI in a research report on Thursday, January 17th. Bank of America lowered their price objective on IMI from GBX 1,100 ($14.37) to GBX 1,000 ($13.07) and set a “neutral” rating on the stock in a research report on Wednesday, January 9th. Credit Suisse Group downgraded IMI to an “underperform” rating and lowered their price objective for the stock from GBX 1,050 ($13.72) to GBX 850 ($11.11) in a research report on Friday, December 7th. Finally, Deutsche Bank lowered their price objective on IMI from GBX 1,475 ($19.27) to GBX 1,185 ($15.48) and set a “buy” rating on the stock in a research report on Friday, November 9th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 1,165.67 ($15.23).

Shares of IMI stock opened at GBX 964 ($12.60) on Monday. IMI has a 52-week low of GBX 1,093 ($14.28) and a 52-week high of GBX 1,453 ($18.99).

About IMI

IMI plc designs, manufactures, and services engineered products that control the precise movement of fluids worldwide. The company's IMI Critical Engineering division offers critical flow control solutions. It provides anti-surge valve and actuator systems to liquefied natural gas compression facilities; integrated flow control systems for critical applications in fluid catalytic cracking; valves into the ethylene and polypropylene production processes, as well as delayed coking; actuation systems to operate industrial valves; and turbine by-pass valves for conventional and nuclear power plants.

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Analyst Recommendations for IMI (LON:IMI)

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