Barclays PLC reiterated their overweight rating on shares of IMI plc (LON:IMI) in a research note issued to investors on Monday. Barclays PLC currently has a GBX 1,400 ($18.24) price target on the stock.
A number of other equities research analysts have also issued reports on the stock. Goldman Sachs Group, Inc. (The) reissued a neutral rating on shares of IMI plc in a report on Tuesday, April 18th. J P Morgan Chase & Co upped their price objective on shares of IMI plc from GBX 1,120 ($14.59) to GBX 1,200 ($15.63) and gave the company a neutral rating in a report on Friday, May 5th. Jefferies Group LLC upped their price objective on shares of IMI plc from GBX 1,275 ($16.61) to GBX 1,300 ($16.94) and gave the company a hold rating in a report on Wednesday, May 10th. HSBC Holdings plc reissued a hold rating and issued a GBX 1,150 ($14.98) price objective on shares of IMI plc in a report on Thursday, April 6th. Finally, Credit Suisse Group reissued an outperform rating and issued a GBX 1,300 ($16.94) price objective on shares of IMI plc in a report on Thursday, March 30th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of GBX 1,214.29 ($15.82).
IMI plc (IMI) opened at 1291.00 on Monday. The stock’s market capitalization is GBX 3.50 billion. IMI plc has a 1-year low of GBX 891.50 and a 1-year high of GBX 1,317.00. The company’s 50-day moving average is GBX 1,241.59 and its 200 day moving average is GBX 1,222.58.
IMI plc Company Profile
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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