IMI plc (LON:IMI) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of IMI plc (LON:IMI) have been assigned an average rating of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is GBX 2,772.86.

IMI has been the topic of a number of research analyst reports. JPMorgan Chase & Co. cut 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 reaffirmed a “buy” rating and set a GBX 3,250 price target on shares of IMI in a research report on Wednesday, May 13th.

IMI Stock Performance

Shares of IMI opened at GBX 3,016 on Monday. The company has a current ratio of 1.50, a quick ratio of 0.80 and a debt-to-equity ratio of 58.04. The stock has a market capitalization of £7.18 billion, a P/E ratio of 24.36, a price-to-earnings-growth ratio of 1.12 and a beta of 1.04. The firm’s fifty day simple moving average is GBX 2,816.12 and its two-hundred day simple moving average is GBX 2,712.85. IMI has a 12 month low of GBX 1,802.19 and a 12 month high of GBX 3,848.

About IMI

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.