RBC Capital Reaffirms “Sector Perform” Rating for IMI plc (IMI)
IMI plc (LON:IMI)‘s stock had its “sector perform” rating reaffirmed by RBC Capital in a research note issued on Tuesday. They currently have a GBX 1,550 ($25.65) target price on the stock. RBC Capital’s price objective suggests a potential upside of 13.80% from the stock’s previous close.
IMI plc (LON:IMI) opened at 1358.00 on Tuesday. IMI plc has a 52-week low of GBX 1342.00 and a 52-week high of GBX 1801.1431. The stock’s 50-day moving average is GBX 633.3 and its 200-day moving average is GBX 869.. The company’s market cap is £3.794 billion.
The company also recently declared a dividend, which is scheduled for Friday, September 19th. Stockholders of record on Wednesday, August 13th will be given a dividend of GBX 13.60 ($0.23) per share. This represents a yield of 0.94%. The ex-dividend date of this dividend is Wednesday, August 13th.
A number of other analysts have also recently weighed in on IMI. Analysts at Credit Suisse reiterated an “outperform” rating on shares of IMI plc in a research note on Friday, August 8th. They now have a GBX 1,640 ($27.14) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of IMI plc in a research note on Tuesday, August 5th. They now have a GBX 1,650 ($27.30) price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of IMI plc in a research note on Monday, August 4th. They now have a GBX 1,455 ($24.08) price target on the stock. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of GBX 1,592.63 ($26.35).
IMI plc is a United Kingdom-based engineering company, which designs, manufactures and services bespoke solutions that control the movement of fluids.
Receive News & Ratings for IMI plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMI plc and related companies with Analyst Ratings Network's FREE daily email newsletter.