IMI plc’s (IMI) “Buy” Rating Reiterated at Liberum Capital
Several other analysts also recently weighed in on IMI. Deutsche Bank AG reaffirmed a hold rating and set a GBX 1,170 ($15.39) price target on shares of IMI plc in a research note on Monday, August 7th. Numis Securities Ltd reissued a hold rating and issued a GBX 1,300 ($17.10) price objective on shares of IMI plc in a research note on Friday, September 29th. HSBC Holdings plc reissued a hold rating and issued a GBX 1,200 ($15.78) price objective on shares of IMI plc in a research note on Friday, September 29th. Barclays PLC reissued an overweight rating and issued a GBX 1,428 ($18.78) price objective on shares of IMI plc in a research note on Thursday, August 17th. Finally, Jefferies Group LLC reissued a hold rating on shares of IMI plc in a research note on Wednesday, September 27th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of GBX 1,287.33 ($16.93).
IMI plc (LON IMI) traded down GBX 2 ($0.03) during trading on Thursday, hitting GBX 1,260 ($16.57). 612,198 shares of the stock traded hands, compared to its average volume of 536,172. IMI plc has a 1 year low of GBX 899.50 ($11.83) and a 1 year high of GBX 1,325 ($17.43).
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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