IMI plc Stock Rating Reaffirmed by Canaccord Genuity (IMI)
IMI plc (LON:IMI)‘s stock had its “buy” rating reaffirmed by Canaccord Genuity in a research note issued on Thursday, Analyst Ratings Network.com reports. They currently have a GBX 1,800 ($30.36) price target on the stock. Canaccord Genuity’s price target suggests a potential upside of 19.21% from the stock’s previous close.
A number of other firms have also recently commented on IMI. Analysts at Investec reiterated a “buy” rating on shares of IMI plc in a research note on Thursday. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of IMI plc in a research note on Thursday. They now have a GBX 1,650 ($27.83) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of IMI plc in a research note on Thursday. They now have a GBX 1,550 ($26.15) price target on the stock. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 1,557.56 ($26.27).
IMI plc (LON:IMI) traded up 0.33% during mid-day trading on Thursday, hitting GBX 1515.00. 356,095 shares of the company’s stock traded hands. IMI plc has a one year low of GBX 1364.571 and a one year high of GBX 1801.1431. The stock has a 50-day moving average of GBX 886.9 and a 200-day moving average of GBX 1081.. The company’s market cap is £4.087 billion.
IMI plc is a United Kingdom-based engineering company, which designs, manufactures and services bespoke solutions that control the movement of fluids.
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