Analysts Set IMI plc (LON:IMI) Target Price at $957.65
Shares of IMI plc (LON:IMI) have been given a consensus rating of “Hold” by the twenty ratings firms that are presently covering the firm. Two equities research analysts have rated the stock with a sell recommendation, seventeen have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 957.65 ($12.50).
Several research firms have issued reports on IMI. Jefferies Group restated a “hold” rating and issued a GBX 955 ($12.47) price objective on shares of IMI plc in a research note on Monday, August 1st. Societe Generale restated a “hold” rating and issued a GBX 1,000 ($13.05) price objective on shares of IMI plc in a research note on Monday, August 1st. BNP Paribas restated a “neutral” rating and issued a GBX 1,000 ($13.05) price objective on shares of IMI plc in a research note on Tuesday, August 2nd. JPMorgan Chase & Co. upped their price objective on IMI plc from GBX 880 ($11.49) to GBX 990 ($12.92) and gave the company a “neutral” rating in a research note on Monday, August 1st. Finally, Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 895 ($11.68) target price on shares of IMI plc in a research report on Monday, August 1st.
IMI plc (LON:IMI) opened at 1074.00 on Thursday. The company’s market cap is GBX 2.91 billion. The company’s 50 day moving average price is GBX 1,073.65 and its 200 day moving average price is GBX 1,003.06. IMI plc has a 52-week low of GBX 717.00 and a 52-week high of GBX 1,111.00.
The firm also recently announced a dividend, which was paid on Friday, September 16th. Shareholders of record on Thursday, August 11th were paid a dividend of GBX 14 ($0.18) per share. This represents a yield of 1.31%. The ex-dividend date of this dividend was Thursday, August 11th.
IMI plc Company Profile
IMI plc is a United Kingdom-based specialist engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates though the following segments: IMI critical engineering, which provides flow control solutions; IMI precision engineering, which specializes in developing motion and fluid control technologies, and IMI hydronic engineering, which is engaged in designing and manufacturing technologies that delivers heating and cooling systems to the residential and commercial building sectors.
Receive News & Stock Ratings for IMI plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMI plc and related stocks with our FREE daily email newsletter.