IMI plc (IMI) Stock Rating Reaffirmed by Peel Hunt
IMI plc (LON:IMI)‘s stock had its “hold” rating reissued by investment analysts at Peel Hunt in a note issued to investors on Tuesday. They presently have a GBX 1,250 ($16.50) price target on the stock. Peel Hunt’s price objective points to a potential upside of 0.40% from the company’s current price.
Other equities analysts have also issued research reports about the stock. Barclays PLC reiterated an “overweight” rating and set a GBX 1,400 ($18.47) price objective on shares of IMI plc in a research report on Monday, July 24th. Liberum Capital reiterated a “buy” rating and set a GBX 1,460 ($19.27) price objective on shares of IMI plc in a research report on Friday, July 28th. Credit Suisse Group reiterated an “outperform” rating on shares of IMI plc in a research report on Friday, July 21st. BNP Paribas reiterated an “outperform” rating and set a GBX 1,450 ($19.13) price objective on shares of IMI plc in a research report on Tuesday, July 18th. Finally, J P Morgan Chase & Co restated a “neutral” rating on shares of IMI plc in a report on Monday, July 24th. One equities 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 stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 1,259.46 ($16.62).
Shares of IMI plc (LON:IMI) opened at 1245.00 on Tuesday. The company’s market capitalization is GBX 3.38 billion. The firm has a 50-day moving average of GBX 1,205.86 and a 200 day moving average of GBX 1,219.02. IMI plc has a 1-year low of GBX 891.50 and a 1-year high of GBX 1,325.00.
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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