IMI plc (IMI) Given “Outperform” Rating at Credit Suisse Group
IMI plc (LON:IMI)‘s stock had its “outperform” rating reissued by Credit Suisse Group in a research note issued on Friday, Marketbeat Ratings reports.
IMI has been the topic of several other research reports. Barclays PLC reiterated an “overweight” rating and issued a GBX 1,428 ($18.77) price objective on shares of IMI plc in a report on Thursday, August 17th. BNP Paribas reiterated an “outperform” rating and issued a GBX 1,450 ($19.06) price objective on shares of IMI plc in a report on Tuesday, July 18th. J P Morgan Chase & Co reiterated a “neutral” rating on shares of IMI plc in a report on Monday, July 24th. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating on shares of IMI plc in a report on Friday, July 14th. Finally, Jefferies Group LLC reiterated a “hold” rating on shares of IMI plc in a report on Wednesday, September 27th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 1,259.46 ($16.56).
IMI plc (IMI) traded down 1.04% during midday trading on Friday, hitting GBX 1235.00. The company’s stock had a trading volume of 712,801 shares. The company’s market cap is GBX 3.35 billion. The stock has a 50 day moving average of GBX 1,176.49 and a 200 day moving average of GBX 1,216.60. IMI plc has a 52-week low of GBX 891.50 and a 52-week high of GBX 1,325.00.
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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