IMI plc’s (IMI) “Neutral” Rating Reiterated at Goldman Sachs Group, Inc. (The)
IMI plc (LON:IMI)‘s stock had its “neutral” rating restated by equities research analysts at Goldman Sachs Group, Inc. (The) in a research report issued to clients and investors on Friday.
Several other research analysts have also recently commented on the company. J P Morgan Chase & Co boosted their target price on IMI plc from GBX 1,120 ($14.51) to GBX 1,200 ($15.54) and gave the stock a “neutral” rating in a research note on Friday, May 5th. Barclays PLC reissued an “overweight” rating on shares of IMI plc in a research note on Tuesday, April 25th. Jefferies Group LLC boosted their target price on IMI plc from GBX 1,275 ($16.52) to GBX 1,300 ($16.84) and gave the stock a “hold” rating in a research note on Wednesday, May 10th. HSBC Holdings plc reissued a “hold” rating and set a GBX 1,150 ($14.90) target price on shares of IMI plc in a research note on Thursday, April 6th. Finally, Credit Suisse Group reissued an “outperform” rating and set a GBX 1,300 ($16.84) target price on shares of IMI plc in a research note on Thursday, March 30th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 1,195.71 ($15.49).
Shares of IMI plc (IMI) opened at 1260.00 on Friday. The company’s 50-day moving average price is GBX 1,240.25 and its 200-day moving average price is GBX 1,193.50. IMI plc has a 12 month low of GBX 891.50 and a 12 month high of GBX 1,317.00. The company’s market cap is GBX 3.41 billion.
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.
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