IMI (LON:IMI) Stock Price Target Raised at Deutsche Bank Aktiengesellschaft

IMI (LON:IMI) had its price target boosted by Deutsche Bank Aktiengesellschaft from GBX 3,440 to GBX 3,490 in a research report sent to investors on Friday,Digital Look reports. The brokerage currently has a buy rating on the stock.

IMI has been the subject of several other research reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 3,300 target price on shares of IMI in a report on Wednesday, August 5th. Jefferies Financial Group restated a “buy” rating and set a GBX 3,585 price target on shares of IMI in a research note on Thursday. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,850 price target on shares of IMI in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. lifted their price objective on IMI from GBX 3,050 to GBX 3,300 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 3,214.17.

IMI Trading Down 1.8%

Shares of IMI stock opened at GBX 2,872 on Friday. IMI has a 1-year low of GBX 1,802.19 and a 1-year high of GBX 3,848. The firm has a market cap of £6.74 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 1.12 and a beta of 1.04. The company has a 50-day moving average of GBX 3,035.35 and a two-hundred day moving average of GBX 2,880.71. The company has a debt-to-equity ratio of 80.30, a current ratio of 1.30 and a quick ratio of 0.80.

IMI (LON:IMI) last released its quarterly earnings results 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%. On average, analysts predict that IMI will post 137.97 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.