IMI plc (LON:IMI) insider Roy Twite bought 10 shares of the company’s stock in a transaction dated Tuesday, February 13th. The stock was bought at an average cost of GBX 1,249 ($17.26) per share, with a total value of £124.90 ($172.56).
Shares of IMI plc (IMI) opened at GBX 1,226 ($16.94) on Wednesday. The company has a market capitalization of $3,360.00 and a P/E ratio of 2,189.29. IMI plc has a 12-month low of GBX 1,111 ($15.35) and a 12-month high of GBX 1,453 ($20.07).
A number of equities analysts have recently issued reports on IMI shares. Deutsche Bank reissued a “buy” rating and issued a GBX 1,475 ($20.38) target price on shares of IMI in a report on Friday, December 15th. Barclays reissued an “overweight” rating on shares of IMI in a report on Friday, November 10th. Citigroup reissued a “neutral” rating and issued a GBX 1,360 ($18.79) target price on shares of IMI in a report on Monday, December 18th. Credit Suisse Group increased their target price on IMI from GBX 1,310 ($18.10) to GBX 1,340 ($18.51) and gave the stock an “outperform” rating in a report on Friday, December 15th. Finally, Numis Securities cut IMI to a “reduce” rating and set a GBX 1,125 ($15.54) target price for the company. in a report on Tuesday, December 5th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 1,323.75 ($18.29).
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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