IMI plc (LON:IMI) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Shares of IMI plc (LON:IMI – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 3,171.67.

Several brokerages have issued reports on IMI. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,380 price objective on shares of IMI in a research note on Friday, July 31st. JPMorgan Chase & Co. upped their target price on IMI from GBX 3,050 to GBX 3,300 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft increased their price target on IMI from GBX 3,250 to GBX 3,440 and gave the stock a “buy” rating in a report on Monday, August 3rd. Berenberg Bank reissued a “buy” rating and set a GBX 3,300 price target on shares of IMI in a research note on Wednesday, August 5th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 2,850 price target on shares of IMI in a research note on Friday, July 31st.

Check Out Our Latest Analysis on IMI

IMI Price Performance

IMI stock opened at GBX 2,850 on Friday. IMI has a 12 month low of GBX 1,802.19 and a 12 month high of GBX 3,848. The company has a current ratio of 1.30, a quick ratio of 0.80 and a debt-to-equity ratio of 80.30. The company has a 50-day moving average price of GBX 3,055.84 and a 200 day moving average price of GBX 2,936.93. The stock has a market cap of £6.69 billion, a PE ratio of 21.00, a P/E/G ratio of 1.12 and a beta of 1.04.

IMI (LON:IMI – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The company reported GBX 63.40 EPS for the quarter. IMI had a net margin of 14.09% and a return on equity of 32.41%. Equities research analysts anticipate that IMI will post 137.97 earnings per share for the current year.

IMI Company Profile

(Get Free Report)

IMI is a global leader in fluid and motion control, engineering bespoke solutions that enhance safety, productivity and sustainability across critical industries in energy, automation and healthcare. We work in close partnership with customers to design, build and service high-performance valves, actuators and control systems that solve complex engineering challenges.

Our solutions are a small part of our customers’ systems – but they play a critical role in how those systems perform. By combining deep technical expertise with real customer insight, we deliver solutions that are precisely engineered for impact.

Through our One IMI model, we combine commercial excellence, market-led innovation and continuous improvement to scale what works across the business.

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Analyst Recommendations for IMI (LON:IMI)

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