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IMI plc (LON:IMI)‘s stock had its “outperform” rating restated by equities research analysts at RBC Capital in a research note issued to investors on Tuesday. They currently have a GBX 1,550 ($26.06) target price on the stock. RBC Capital’s price objective points to a potential downside of 3.55% from the stock’s previous close.

Shares of IMI plc (LON:IMI) opened at 1607.00 on Tuesday. IMI plc has a one year low of GBX 1364.571 and a one year high of GBX 1801.1431. The stock’s 50-day moving average is GBX 16.90 and its 200-day moving average is GBX 16.90. The company’s market cap is £4.335 billion.

A number of other analysts have also recently weighed in on IMI. Analysts at Investec downgraded shares of IMI plc to a “hold” rating in a research note on Wednesday, June 4th. They now have a GBX 1,640 ($27.57) price target on the stock, up previously from GBX 1,630 ($27.40). Separately, analysts at HSBC reiterated an “overweight” rating on shares of IMI plc in a research note on Thursday, May 22nd. They now have a GBX 1,800 ($30.26) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of IMI plc in a research note on Friday, May 9th. They now have a GBX 1,690 ($28.41) price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 1,568.74 ($26.37).

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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