IMI plc Receives Average Rating of “Buy” from Analysts (LON:IMI)
IMI plc (LON:IMI) has received a consensus rating of “Buy” from the twenty analysts that are currently covering the company, AR Network reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and eleven have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 1,584.94 ($26.90).
Several analysts have recently commented on the stock. Analysts at RBC Capital downgraded shares of IMI plc to a “sector perform” rating in a research note on Wednesday. They now have a GBX 1,550 ($26.31) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of IMI plc in a research note on Monday. They now have a GBX 1,640 ($27.84) price target on the stock.
IMI plc (LON:IMI) traded down 0.39% during mid-day trading on Friday, hitting GBX 1530.00. The stock had a trading volume of 324,469 shares. IMI plc has a 52-week low of GBX 1364.571 and a 52-week 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 £4.127 billion.
IMI plc is a United Kingdom-based engineering company, which designs, manufactures and services bespoke solutions that control the movement of fluids.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.