IMI plc (LON:IMI) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of IMI plc (LON:IMI) have earned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 2,808.57.

IMI has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 3,250 price target on shares of IMI in a research report on Wednesday, May 13th. JPMorgan Chase & Co. upped their price objective on IMI from GBX 3,050 to GBX 3,300 and gave the company an “overweight” rating in a report on Wednesday.

IMI Price Performance

IMI opened at GBX 2,796 on Friday. The company has a fifty day moving average price of GBX 2,833.33 and a two-hundred day moving average price of GBX 2,757.06. The firm has a market capitalization of £6.62 billion, a PE ratio of 22.58, a P/E/G ratio of 1.12 and a beta of 1.05. IMI has a 52 week low of GBX 1,802.19 and a 52 week high of GBX 3,848. The company has a debt-to-equity ratio of 58.04, a quick ratio of 0.80 and a current ratio of 1.50.

IMI Company Profile

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.