IMI (LON:IMI) Given New GBX 3,440 Price Target at Deutsche Bank Aktiengesellschaft

IMI (LON:IMI) had its target price boosted by Deutsche Bank Aktiengesellschaft from GBX 3,250 to GBX 3,440 in a research report issued to clients and investors on Monday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 16.61% from the stock’s previous close.

Several other research firms also recently issued reports on IMI. JPMorgan Chase & Co. boosted their price objective on IMI from GBX 3,050 to GBX 3,300 and gave the company an “overweight” rating in a report on Wednesday, July 8th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 2,850 price objective on shares of IMI in a research note on Friday. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 3,380 price objective on shares of IMI in a research report on Friday. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,105.

IMI Price Performance

Shares of LON IMI opened at GBX 2,950 on Monday. The firm has a market cap of £6.99 billion, a PE ratio of 23.83, a PEG ratio of 1.12 and a beta of 1.05. The firm has a fifty day moving average of GBX 2,893.92 and a 200 day moving average of GBX 2,803.78. The company has a debt-to-equity ratio of 80.30, a quick ratio of 0.80 and a current ratio of 1.30. IMI has a one year low of GBX 1,802.19 and a one year high of GBX 3,848.

IMI (LON:IMI) last announced its quarterly earnings data on Friday, July 31st. The company reported GBX 63.40 earnings per share (EPS) for the quarter. IMI had a net margin of 14.09% and a return on equity of 32.41%. As a group, research analysts predict that IMI will post 137.9737609 EPS for the current fiscal year.

About IMI

IMI is a global leader in fluid and motion control, engineering bespoke solutions that enhance safety, productivity and sustainability across critical industries in energy, automation and healthcare. We work in close partnership with customers to design, build and service high-performance valves, actuators and control systems that solve complex engineering challenges.

Our solutions are a small part of our customers’ systems – but they play a critical role in how those systems perform. By combining deep technical expertise with real customer insight, we deliver solutions that are precisely engineered for impact.

Through our One IMI model, we combine commercial excellence, market-led innovation and continuous improvement to scale what works across the business.