IMI plc (LON:IMI) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of IMI plc (LON:IMIGet Free Report) have earned an average rating of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 3,171.67.

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

View Our Latest Analysis on IMI

IMI Stock Performance

Shares of IMI stock opened at GBX 3,050.17 on Friday. The company has a debt-to-equity ratio of 80.30, a quick ratio of 0.80 and a current ratio of 1.30. The firm has a market cap of £7.24 billion, a P/E ratio of 22.48, a P/E/G ratio of 1.12 and a beta of 1.04. The firm’s 50 day moving average price is GBX 2,993.14 and its 200-day moving average price is GBX 2,857.34. IMI has a one year low of GBX 1,802.19 and a one year high of GBX 3,848.

IMI (LON:IMIGet Free Report) last released 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%. As a group, equities research analysts predict that IMI will post 137.9737609 EPS for the current year.

IMI Company Profile

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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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