IMI (LON:IMI – Get Free Report)‘s stock had its “buy” rating reaffirmed by stock analysts at Jefferies Financial Group in a research note issued on Thursday, London Stock Exchange reports. They currently have a GBX 3,585 target price on the stock. Jefferies Financial Group‘s price target would indicate a potential upside of 22.52% from the company’s previous close.
A number of other analysts also recently issued reports on the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 3,300 target price on shares of IMI in a research report on Wednesday, August 5th. JPMorgan Chase & Co. lifted their price target on IMI from GBX 3,050 to GBX 3,300 and gave the stock an “overweight” rating in a report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of IMI from GBX 3,250 to GBX 3,440 and gave the company a “buy” rating in a research report on Monday, August 3rd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 2,850 target price on shares of IMI in a research report on Friday, July 31st. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,205.83.
View Our Latest Stock Analysis on IMI
IMI Stock Performance
IMI opened at GBX 2,926 on Thursday. The business’s 50-day moving average price is GBX 3,039.18 and its two-hundred day moving average price is GBX 2,878.05. IMI has a 1 year low of GBX 1,802.19 and a 1 year high of GBX 3,848. The company has a market capitalization of £6.87 billion, a price-to-earnings ratio of 21.56, a P/E/G ratio of 1.12 and a beta of 1.04. The company has a debt-to-equity ratio of 80.30, a current ratio of 1.30 and a quick ratio of 0.80.
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 return on equity of 32.41% and a net margin of 14.09%. Equities analysts expect that IMI will post 137.97 EPS for the current fiscal year.
IMI Company Profile
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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