IMI plc (IMI) Receives Average Rating of “Hold” from Brokerages
Shares of IMI plc (LON:IMI) have been given a consensus rating of “Hold” by the thirteen brokerages that are presently covering the company, Marketbeat.com reports. Nine analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 1,218.18 ($15.49).
A number of brokerages have commented on IMI. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 1,200 ($15.26) target price on shares of IMI plc in a report on Wednesday, June 7th. Jefferies Group LLC increased their target price on IMI plc from GBX 1,275 ($16.22) to GBX 1,300 ($16.54) and gave the company a “hold” rating in a report on Wednesday, May 10th. Barclays PLC reiterated an “overweight” rating on shares of IMI plc in a report on Tuesday, April 25th. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating on shares of IMI plc in a report on Tuesday, April 18th. Finally, HSBC Holdings plc reiterated a “hold” rating and set a GBX 1,150 ($14.63) target price on shares of IMI plc in a report on Thursday, April 6th.
Shares of IMI plc (LON IMI) traded down 0.73% during trading on Monday, reaching GBX 1228.00. The company had a trading volume of 324,612 shares. The firm’s market capitalization is GBX 3.33 billion. The firm’s 50 day moving average price is GBX 1,254.76 and its 200 day moving average price is GBX 1,185.30. IMI plc has a 12 month low of GBX 891.50 and a 12 month high of GBX 1,317.00.
WARNING: This piece was reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another publication, it was stolen and republished in violation of US and international copyright law. The correct version of this piece can be read at https://www.americanbankingnews.com/2017/06/26/imi-plc-imi-receives-average-rating-of-hold-from-brokerages.html.
IMI plc Company Profile
IMI plc is a United Kingdom-based specialized engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates through IMI Critical Engineering, IMI precision engineering and IMI hydronic engineering segments.
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.