IMI plc (LON:IMI) Earns Outperform Rating from Credit Suisse Group
IMI plc (LON:IMI)‘s stock had its “outperform” rating reiterated by Credit Suisse Group in a research note issued on Friday.
IMI has been the topic of a number of other research reports. Goldman Sachs Group, Inc. (The) restated a “neutral” rating on shares of IMI plc in a research note on Tuesday, April 18th. BNP Paribas restated an “outperform” rating and set a GBX 1,450 ($18.93) price objective on shares of IMI plc in a research note on Tuesday, July 18th. J P Morgan Chase & Co boosted their price objective 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 note on Friday, May 5th. HSBC Holdings plc restated a “hold” rating and set a GBX 1,150 ($15.02) price objective on shares of IMI plc in a research note on Thursday, April 6th. Finally, Jefferies Group LLC boosted their price target on IMI plc from GBX 1,275 ($16.65) to GBX 1,300 ($16.98) and gave the stock a “hold” rating in a research note on Wednesday, May 10th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 1,199.29 ($15.66).
IMI plc (LON:IMI) opened at 1299.00 on Friday. The stock has a 50 day moving average price of GBX 1,238.71 and a 200-day moving average price of GBX 1,217.22. The stock’s market cap is GBX 3.52 billion. IMI plc has a 12-month low of GBX 891.50 and a 12-month high of GBX 1,325.00.
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About IMI plc
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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