Roy Twite Purchases 6 Shares of IMI (LON:IMI) Stock

IMI plc (LON:IMI) insider Roy Twite bought 6 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The shares were acquired at an average cost of GBX 2,854 per share, with a total value of £171.24.

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

• On Tuesday, January 13th, Roy Twite bought 5 shares of IMI stock. The shares were acquired at an average price of GBX 2,618 per share, with a total value of £130.90.
• On Tuesday, December 9th, Roy Twite purchased 6 shares of IMI stock. The stock was acquired at an average price of GBX 2,476 per share, for a total transaction of £148.56.

IMI Price Performance

LON IMI opened at GBX 2,838 on Friday. IMI plc has a 1 year low of GBX 1,555.96 and a 1 year high of GBX 2,938. The business’s fifty day moving average is GBX 2,613.55 and its two-hundred day moving average is GBX 2,422.22. The stock has a market capitalization of £6.99 billion, a P/E ratio of 30.42, a P/E/G ratio of 1.12 and a beta of 1.08. The company has a debt-to-equity ratio of 68.33, a quick ratio of 0.80 and a current ratio of 1.36.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on IMI shares. JPMorgan Chase & Co. lifted their price target 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 lifted their target price on shares of IMI from GBX 2,550 to GBX 2,900 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Finally, Panmure Gordon restated a “buy” rating and set a GBX 2,760 price target on shares of IMI in a report on Tuesday, November 25th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.