IMI (IMI) Earns Neutral Rating from Citigroup
Other equities research analysts have also issued research reports about the stock. Deutsche Bank boosted their price target on shares of IMI from GBX 1,170 ($15.75) to GBX 1,285 ($17.29) and gave the company a hold rating in a report on Friday, November 10th. Peel Hunt boosted their price target on shares of IMI from GBX 1,200 ($16.15) to GBX 1,250 ($16.82) and gave the company a hold rating in a report on Thursday, August 31st. Numis Securities lowered shares of IMI to a reduce rating and set a GBX 1,125 ($15.14) price target on the stock. in a report on Tuesday, December 5th. Credit Suisse Group lowered their price target on shares of IMI from GBX 1,400 ($18.84) to GBX 1,310 ($17.63) and set an outperform rating on the stock in a report on Wednesday, September 20th. Finally, J P Morgan Chase & Co reissued a neutral rating and issued a GBX 1,315 ($17.70) price target on shares of IMI in a report on Friday, November 10th. Two analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of GBX 1,298.85 ($17.48).
Shares of IMI (LON IMI) opened at GBX 1,316 ($17.71) on Monday. IMI has a fifty-two week low of GBX 1,004 ($13.51) and a fifty-two week high of GBX 1,325 ($17.83).
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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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