IMI plc (IMI) Earns Outperform Rating from BNP Paribas
IMI has been the topic of several other reports. Barclays PLC reissued an overweight rating on shares of IMI plc in a research note on Tuesday, March 21st. Goldman Sachs Group, Inc. (The) reissued a neutral rating on shares of IMI plc in a research note on Tuesday, April 18th. J P Morgan Chase & Co boosted their price objective on shares of IMI plc from GBX 1,120 ($14.63) to GBX 1,200 ($15.67) and gave the company a neutral rating in a research note on Friday, May 5th. HSBC Holdings plc reissued a hold rating and issued a GBX 1,150 ($15.02) price objective on shares of IMI plc in a research note on Thursday, April 6th. Finally, Jefferies Group LLC boosted their price objective on shares of IMI plc from GBX 1,275 ($16.65) to GBX 1,300 ($16.98) and gave the company a hold rating in a research note on Wednesday, May 10th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of GBX 1,199.29 ($15.66).
Shares of IMI plc (LON:IMI) opened at 1308.00 on Tuesday. The company’s 50-day moving average is GBX 1,237.04 and its 200 day moving average is GBX 1,216.64. The firm’s market cap is GBX 3.54 billion. IMI plc has a 52-week low of GBX 891.50 and a 52-week high of GBX 1,325.00.
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About IMI plc
IMI plc is a United Kingdom-based specialized engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates through IMI Critical Engineering, IMI precision engineering and IMI hydronic engineering segments.
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