IMI plc (LON:IMI) Receives GBX 2,670.71 Average PT from Analysts

IMI plc (LON:IMI) has earned a consensus rating of “Moderate Buy” from the seven research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 2,670.71.

A number of research firms have commented on IMI. Royal Bank Of Canada cut IMI to a “sector perform” rating and upped their price target for the stock from GBX 2,475 to GBX 2,500 in a research note on Tuesday, October 14th. Berenberg Bank increased their target price on IMI from GBX 2,550 to GBX 2,900 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Panmure Gordon restated a “buy” rating and set a GBX 2,760 target price on shares of IMI in a report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. lifted their target price on IMI from GBX 2,850 to GBX 2,960 and gave the company an “overweight” rating in a research report on Thursday, December 4th.

IMI Stock Performance

LON:IMI opened at GBX 2,630 on Friday. IMI has a fifty-two week low of GBX 1,555.96 and a fifty-two week high of GBX 2,655.60. The company has a debt-to-equity ratio of 68.33, a quick ratio of 0.80 and a current ratio of 1.36. The company has a 50 day moving average price of GBX 2,461.59 and a 200 day moving average price of GBX 2,321.95. The stock has a market capitalization of £6.48 billion, a P/E ratio of 28.19, a PEG ratio of 1.12 and a beta of 1.08.

IMI Company Profile

IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index.