IMI Plc (NASDAQ:IMIAY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Saturday.

According to Zacks, “IMI PLC is an engineering company. It provides designs, manufactures and services for engineered products which control the movement of fluids. The company primarily serves energy, transportation and infrastructure sector. IMI PLC is headquartered in Birmingham, the United Kingdom. “

Shares of IMI Plc (IMIAY) opened at 25.97 on Friday. The company has a 50-day moving average of $25.97 and a 200 day moving average of $25.97. The stock has a market cap of $3.53 billion and a price-to-earnings ratio of 21.71. IMI Plc has a one year low of $25.97 and a one year high of $27.86.

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