IMI plc (LON:IMI) insider Roy Twite purchased 11 shares of the firm’s stock in a transaction on Tuesday, March 13th. The shares were acquired at an average price of GBX 1,111 ($15.35) per share, with a total value of £122.21 ($168.84).
Roy Twite also recently made the following trade(s):
- On Tuesday, February 13th, Roy Twite purchased 10 shares of IMI stock. The shares were acquired at an average price of GBX 1,249 ($17.26) per share, with a total value of £124.90 ($172.56).
IMI plc (LON IMI) traded up GBX 13 ($0.18) during midday trading on Wednesday, reaching GBX 1,120 ($15.47). 594,548 shares of the company’s stock traded hands, compared to its average volume of 966,504. The stock has a market capitalization of $3,040.00 and a P/E ratio of 2,113.21. IMI plc has a 1-year low of GBX 1,093 ($15.10) and a 1-year high of GBX 1,453 ($20.07).
IMI has been the topic of a number of analyst reports. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,460 ($20.17) price objective on shares of IMI in a report on Friday, March 2nd. Citigroup reaffirmed a “neutral” rating and set a GBX 1,360 ($18.79) price objective on shares of IMI in a report on Monday, December 18th. Peel Hunt reaffirmed a “hold” rating and set a GBX 1,250 ($17.27) price objective on shares of IMI in a report on Friday, March 2nd. Numis Securities raised shares of IMI to a “hold” rating and set a GBX 1,125 ($15.54) price objective on the stock in a report on Monday, March 5th. Finally, Deutsche Bank raised shares of IMI to a “buy” rating and lifted their price objective for the stock from GBX 1,285 ($17.75) to GBX 1,475 ($20.38) in a report on Monday, December 4th. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 1,326.67 ($18.33).
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IMI Company Profile
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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