IMI plc (LON:IMI) Receives Consensus Rating of “Moderate Buy” from Brokerages

IMI plc (LON:IMI) has been given an average recommendation of “Moderate Buy” by the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 2,690.71.

Separately, JPMorgan Chase & Co. lowered their price target on shares of IMI from GBX 3,330 to GBX 3,100 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st.

IMI Stock Performance

Shares of IMI opened at GBX 2,579.69 on Wednesday. IMI has a 1 year low of GBX 1,555.96 and a 1 year high of GBX 3,848. The company has a debt-to-equity ratio of 58.04, a current ratio of 1.50 and a quick ratio of 0.80. The stock’s fifty day moving average price is GBX 2,755.01 and its two-hundred day moving average price is GBX 2,545.29. The firm has a market cap of £6.35 billion, a PE ratio of 27.65, a PEG ratio of 1.12 and a beta of 1.07.

IMI (LON:IMI) last posted its quarterly earnings results on Friday, March 6th. The company reported GBX 132.30 earnings per share for the quarter. IMI had a return on equity of 24.91% and a net margin of 14.33%. On average, equities research analysts forecast that IMI will post 137.9737609 EPS for the current year.

Insider Transactions at IMI

In other IMI news, insider Jamie Pike bought 3,508 shares of the stock in a transaction on Friday, March 6th. The shares were acquired at an average price of GBX 2,848 per share, with a total value of £99,907.84. Over the last quarter, insiders have acquired 3,540 shares of company stock worth $10,078,876. Insiders own 1.10% of the company’s stock.

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.