IMI plc (LON:IMI) Stock Has Average Target Price of GBX 3,171.67

IMI plc (LON:IMI – Get Free Report) has received an average recommendation of “Moderate Buy” from the six brokerages that are covering the company, Marketbeat.com reports. One investment 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 brokers that have covered the stock in the last year is GBX 3,171.67.

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

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IMI Stock Performance

IMI stock opened at GBX 3,168 on Wednesday. The stock’s 50-day moving average is GBX 3,058.85 and its 200-day moving average is GBX 2,889.30. The company has a market cap of £7.49 billion, a price-to-earnings ratio of 23.35, a price-to-earnings-growth 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 has a 12 month low of GBX 1,802.19 and a 12 month high of GBX 3,848.

IMI (LON:IMI – Get Free Report) last issued its earnings results on Friday, July 31st. The company reported GBX 63.40 earnings per share (EPS) for the quarter. IMI had a return on equity of 32.41% and a net margin of 14.09%. Equities analysts anticipate that IMI will post 137.9737609 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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