IMI plc (LON:IMI)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank AG in a report released on Monday. They presently have a GBX 1,170 ($15.24) price objective on the stock. Deutsche Bank AG’s target price would suggest a potential downside of 1.93% from the company’s current price.
Several other research analysts also recently issued reports on the stock. J P Morgan Chase & Co raised their price objective on shares of IMI plc from GBX 1,200 ($15.63) to GBX 1,315 ($17.12) and gave the stock a “neutral” rating in a research report on Monday, July 31st. Liberum Capital reissued a “buy” rating and set a GBX 1,460 ($19.01) price objective on shares of IMI plc in a research report on Friday, July 28th. Barclays PLC reissued an “overweight” rating and set a GBX 1,400 ($18.23) price objective on shares of IMI plc in a research report on Monday, July 24th. Credit Suisse Group reissued an “outperform” rating on shares of IMI plc in a research report on Friday, July 21st. Finally, BNP Paribas reissued an “outperform” rating and set a GBX 1,450 ($18.88) price objective on shares of IMI plc in a research report on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. IMI plc presently has an average rating of “Hold” and a consensus target price of GBX 1,233.46 ($16.06).
IMI plc (LON:IMI) opened at 1174.00 on Monday. IMI plc has a one year low of GBX 891.50 and a one year high of GBX 1,325.00. The stock’s market capitalization is GBX 3.18 billion. The company’s 50-day moving average is GBX 1,233.98 and its 200 day moving average is GBX 1,232.63.
About IMI plc
IMI plc is a United Kingdom-based specialized engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates through IMI Critical Engineering, IMI precision engineering and IMI hydronic engineering segments.
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