IMI (IMI) Downgraded by Numis Securities to Reduce

Numis Securities downgraded shares of IMI (LON:IMI) to a reduce rating in a research note released on Tuesday. They currently have GBX 1,125 ($15.14) price target on the stock.

IMI has been the topic of several other research reports. Liberum Capital restated a buy rating and set a GBX 1,460 ($19.65) target price on shares of IMI in a research note on Thursday, November 9th. Credit Suisse Group restated an outperform rating on shares of IMI in a research note on Friday, October 13th. Jefferies Group restated a hold rating on shares of IMI in a research note on Wednesday, September 27th. restated a hold rating and set a GBX 1,200 ($16.15) target price on shares of IMI in a research note on Friday, September 29th. Finally, Peel Hunt restated a hold rating and set a GBX 1,250 ($16.82) target price on shares of IMI in a research note on Tuesday, October 31st. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of GBX 1,288.58 ($17.34).

IMI (IMI) traded up GBX 5 ($0.07) on Tuesday, reaching GBX 1,246 ($16.77). 449,141 shares of the company’s stock traded hands, compared to its average volume of 644,183. IMI has a 1-year low of GBX 974 ($13.11) and a 1-year high of GBX 1,325 ($17.83).

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About IMI

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.

Analyst Recommendations for IMI (LON:IMI)

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