IMI plc (LON:IMI) Given Average Rating of “Moderate Buy” by Analysts

IMI plc (LON:IMI) has received an average recommendation of “Moderate Buy” from the six analysts that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 3,171.67.

A number of research firms have weighed in on IMI. Deutsche Bank Aktiengesellschaft increased their target price on shares of IMI from GBX 3,250 to GBX 3,440 and gave the company a “buy” rating in a research report on Monday, August 3rd. Berenberg Bank restated a “buy” rating and issued a GBX 3,300 price target on shares of IMI in a research report on Wednesday, August 5th. JPMorgan Chase & Co. upped their price objective on shares of IMI from GBX 3,050 to GBX 3,300 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,380 price objective on shares of IMI in a research note on Friday, July 31st. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 2,850 price objective on shares of IMI in a research report on Friday, July 31st.

IMI Trading Down 0.4%

LON IMI opened at GBX 3,112 on Friday. The firm has a market capitalization of £7.39 billion, a PE ratio of 22.93, a price-to-earnings-growth ratio of 1.12 and a beta of 1.04. The business’s 50-day moving average price is GBX 2,986.90 and its two-hundred day moving average price is GBX 2,852.91. The company has a current ratio of 1.30, a quick ratio of 0.80 and a debt-to-equity ratio of 80.30. IMI has a 12 month low of GBX 1,802.19 and a 12 month high of GBX 3,848.

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