Brokerages Set IMI plc (LON:IMI) Price Target at GBX 2,772.86

Shares of IMI plc (LON:IMIGet Free Report) have earned an average rating of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 2,772.86.

Several brokerages have commented on IMI. JPMorgan Chase & Co. dropped their price target on shares of IMI from GBX 3,100 to GBX 3,050 and set an “overweight” rating on the stock in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 3,250 price target on shares of IMI in a research report on Wednesday, May 13th.

View Our Latest Research Report on IMI

IMI Stock Performance

IMI stock opened at GBX 3,038 on Monday. The company has a market capitalization of £7.23 billion, a P/E ratio of 24.54, a PEG ratio of 1.12 and a beta of 1.04. The company has a 50-day simple moving average of GBX 2,816.12 and a 200 day simple moving average of GBX 2,711.01. IMI has a fifty-two week low of GBX 1,802.19 and a fifty-two week high of GBX 3,848. The company has a quick ratio of 0.80, a current ratio of 1.50 and a debt-to-equity ratio of 58.04.

IMI Company Profile

(Get Free Report)

IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index.

Read More

Analyst Recommendations for IMI (LON:IMI)

Receive News & Ratings for IMI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMI and related companies with MarketBeat.com's FREE daily email newsletter.