IMI (IMIAY) Upgraded to Buy by Zacks Investment Research

Zacks Investment Research upgraded shares of IMI (OTCMKTS:IMIAY) from a hold rating to a buy rating in a report released on Friday. Zacks Investment Research currently has $36.00 price objective on the stock.

According to Zacks, “IMI PLC is an engineering company. It provides designs, manufactures and services for engineered products which control the movement of fluids. The company primarily serves energy, transportation and infrastructure sector. IMI PLC is headquartered in Birmingham, the United Kingdom. “

Several other research analysts also recently commented on the company. Bank of America reaffirmed a neutral rating on shares of IMI in a research report on Tuesday. Societe Generale raised IMI from a hold rating to a buy rating in a research report on Tuesday.

Shares of IMI (OTCMKTS:IMIAY) remained flat at $$25.97 during mid-day trading on Friday. IMI has a twelve month low of $22.34 and a twelve month high of $29.44.

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