BNP Paribas reiterated their outperform rating on shares of IMI plc (LON:IMI) in a research note released on Tuesday, July 18th. They currently have a GBX 1,450 ($18.89) price objective on the stock.
Other equities analysts have also issued research reports about the company. Jefferies Group LLC raised their price objective on IMI plc from GBX 1,005 ($13.09) to GBX 1,275 ($16.61) and gave the company a hold rating in a research report on Tuesday, April 11th. HSBC Holdings plc reissued a hold rating and set a GBX 1,150 ($14.98) price objective on shares of IMI plc in a research report on Thursday, April 6th. Deutsche Bank AG reissued a hold rating on shares of IMI plc in a research report on Monday, July 10th. Goldman Sachs Group, Inc. (The) reissued a neutral rating on shares of IMI plc in a research report on Friday, July 14th. Finally, J P Morgan Chase & Co reissued a neutral rating and set a GBX 1,200 ($15.63) price objective on shares of IMI plc in a research report on Wednesday, June 7th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. IMI plc currently has a consensus rating of Hold and an average price target of GBX 1,214.29 ($15.82).
Shares of IMI plc (LON:IMI) opened at 1208.00 on Tuesday. IMI plc has a 52 week low of GBX 891.50 and a 52 week high of GBX 1,325.00. The firm’s 50-day moving average is GBX 1,242.90 and its 200-day moving average is GBX 1,226.04. The company’s market cap is GBX 3.27 billion.
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The firm also recently disclosed a dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 10th will be issued a GBX 14.20 ($0.18) dividend. The ex-dividend date is Thursday, August 10th. This represents a yield of 1.17%.
About IMI plc
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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