Roy Twite Purchases 11 Shares of IMI plc (IMI) Stock
IMI plc (LON:IMI) insider Roy Twite purchased 11 shares of IMI plc stock in a transaction that occurred on Tuesday, October 11th. The stock was bought at an average cost of GBX 1,102 ($13.64) per share, with a total value of £121.22 ($150.02).
Shares of IMI plc (LON:IMI) traded down 1.91% on Wednesday, reaching GBX 1077.00. 690,928 shares of the company’s stock traded hands. The firm’s market capitalization is GBX 2.92 billion. The company has a 50 day moving average price of GBX 1,080.22 and a 200 day moving average price of GBX 1,011.60. IMI plc has a 52 week low of GBX 717.00 and a 52 week high of GBX 1,138.00.
The firm also recently declared a dividend, which was paid on Friday, September 16th. Stockholders of record on Thursday, August 11th were given a GBX 14 ($0.17) dividend. The ex-dividend date of this dividend was Thursday, August 11th. This represents a dividend yield of 1.31%.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/12/roy-twite-purchases-11-shares-of-imi-plc-imi-stock.html
A number of equities research analysts recently weighed in on the stock. Jefferies Group reissued a “hold” rating and issued a GBX 955 ($11.82) price target on shares of IMI plc in a research report on Monday, August 1st. BNP Paribas reissued a “neutral” rating and issued a GBX 1,000 ($12.38) price target on shares of IMI plc in a research report on Tuesday, August 2nd. Barclays PLC reissued an “equal weight” rating and issued a GBX 895 ($11.08) price target on shares of IMI plc in a research report on Monday, August 1st. Numis Securities Ltd reissued a “hold” rating and issued a GBX 1,000 ($12.38) price target on shares of IMI plc in a research report on Friday, August 12th. Finally, Morgan Stanley boosted their price target on shares of IMI plc from GBX 970 ($12.00) to GBX 1,080 ($13.37) and gave the company an “equal weight” rating in a research report on Friday, August 5th. Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 957.65 ($11.85).
IMI plc Company Profile
IMI plc is a United Kingdom-based specialist engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates though the following segments: IMI critical engineering, which provides flow control solutions; IMI precision engineering, which specializes in developing motion and fluid control technologies, and IMI hydronic engineering, which is engaged in designing and manufacturing technologies that delivers heating and cooling systems to the residential and commercial building sectors.
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 MarketBeat.com's FREE daily email newsletter.