IMI (LON:IMI) Insider Roy Twite Acquires 5 Shares

IMI plc (LON:IMI) insider Roy Twite bought 5 shares of the stock in a transaction on Tuesday, June 9th. The shares were purchased at an average price of GBX 2,854 per share, with a total value of £142.70.

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

• On Tuesday, May 12th, Roy Twite acquired 6 shares of IMI stock. The stock was acquired at an average price of GBX 2,786 per share, for a total transaction of £167.16.
• On Tuesday, April 14th, Roy Twite acquired 5 shares of IMI stock. The stock was bought at an average price of GBX 2,860 per share, with a total value of £143.

IMI Stock Up 0.6%

IMI stock traded up GBX 18 during mid-day trading on Wednesday, reaching GBX 2,828. The company had a trading volume of 843,001 shares, compared to its average volume of 11,069,130. The company has a market capitalization of £6.73 billion, a price-to-earnings ratio of 22.84, a PEG ratio of 1.12 and a beta of 1.05. IMI plc has a 52 week low of GBX 1,802.19 and a 52 week high of GBX 3,848. The stock has a 50 day simple moving average of GBX 2,762.81 and a two-hundred day simple moving average of GBX 2,683.11. The company has a debt-to-equity ratio of 58.04, a current ratio of 1.50 and a quick ratio of 0.80.

Analysts Set New Price Targets

A number of brokerages have weighed in on IMI. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 3,250 price target on shares of IMI in a research report on Wednesday, May 13th. JPMorgan Chase & Co. reduced their price objective on shares of IMI from GBX 3,100 to GBX 3,050 and set an “overweight” rating for the company in a research report on Wednesday, May 13th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,772.86.

IMI Company Profile

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.