Roy Twite Acquires 5 Shares of IMI (LON:IMI) Stock

IMI plc (LON:IMI) insider Roy Twite acquired 5 shares of the company’s stock in a transaction dated Tuesday, January 13th. The stock was acquired at an average cost of GBX 2,618 per share, for a total transaction of £130.90.

Roy Twite also recently made the following trade(s):

• On Tuesday, December 9th, Roy Twite bought 6 shares of IMI stock. The shares were acquired at an average price of GBX 2,476 per share, with a total value of £148.56.
• On Tuesday, November 11th, Roy Twite bought 6 shares of IMI stock. The shares were bought at an average cost of GBX 2,486 per share, for a total transaction of £149.16.

IMI Price Performance

LON:IMI opened at GBX 2,680 on Friday. The firm has a market cap of £6.60 billion, a price-to-earnings ratio of 28.72, a price-to-earnings-growth ratio of 1.12 and a beta of 1.08. IMI plc has a 1-year low of GBX 1,555.96 and a 1-year high of GBX 2,680. The company has a debt-to-equity ratio of 68.33, a current ratio of 1.36 and a quick ratio of 0.80. The company has a 50 day moving average price of GBX 2,480.62 and a 200-day moving average price of GBX 2,335.98.

Analysts Set New Price Targets

Several equities research analysts have issued reports on IMI shares. JPMorgan Chase & Co. raised their target price on IMI from GBX 2,850 to GBX 2,960 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Berenberg Bank upped their price objective on shares of IMI from GBX 2,550 to GBX 2,900 and gave the company a “buy” rating in a research note on Thursday, November 6th. Royal Bank Of Canada lowered shares of IMI to a “sector perform” rating and raised their target price for the stock from GBX 2,475 to GBX 2,500 in a research report on Tuesday, October 14th. Finally, Panmure Gordon restated a “buy” rating and issued a GBX 2,760 price target on shares of IMI in a research report on Tuesday, November 25th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 2,670.71.

About IMI

IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index.