IMI plc (IMI) Given Consensus Rating of “Hold” by Analysts
Shares of IMI plc (LON:IMI) have earned a consensus rating of “Hold” from the fourteen analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 1,213 ($15.84).
Several brokerages have recently issued reports on IMI. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating on shares of IMI plc in a research report on Tuesday, April 18th. Credit Suisse Group reissued an “outperform” rating on shares of IMI plc in a research report on Friday. BNP Paribas reissued an “outperform” rating and issued a GBX 1,450 ($18.93) target price on shares of IMI plc in a research report on Tuesday. J P Morgan Chase & Co increased their target price on IMI plc from GBX 1,120 ($14.63) to GBX 1,200 ($15.67) and gave the stock a “neutral” rating in a research report on Friday, May 5th. Finally, HSBC Holdings plc reissued a “hold” rating and issued a GBX 1,150 ($15.02) target price on shares of IMI plc in a research report on Thursday, April 6th.
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Shares of IMI plc (LON IMI) traded down 1.52% during midday trading on Friday, reaching GBX 1299.00. The company’s stock had a trading volume of 877,383 shares. The stock has a 50-day moving average price of GBX 1,237.04 and a 200-day moving average price of GBX 1,216.64. The stock’s market cap is GBX 3.52 billion. IMI plc has a 52-week low of GBX 891.50 and a 52-week high of GBX 1,325.00.
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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