Zacks Investment Research Lowers IMI Plc (IMIAY) to Hold
IMI Plc (NASDAQ:IMIAY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Friday.
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. “
IMI Plc (NASDAQ IMIAY) remained flat at $25.97 on Friday. The company’s stock had a trading volume of 132 shares. IMI Plc has a 12-month low of $25.97 and a 12-month high of $27.80. The stock has a 50-day moving average of $25.97 and a 200-day moving average of $25.97. The company has a market cap of $3.53 billion and a price-to-earnings ratio of 21.71.
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