UBS Group reiterated their neutral rating on shares of IMI (LON:IMI) in a research report sent to investors on Wednesday, ThisIsMoney.Co.Uk reports. The firm currently has a GBX 1,010 ($13.20) price target on the stock, down from their prior price target of GBX 1,050 ($13.72).

Other research analysts have also issued reports about the stock. Morgan Stanley restated an overweight rating on shares of IMI in a report on Thursday, July 11th. Goldman Sachs Group reiterated a buy rating on shares of IMI in a report on Wednesday, July 10th. Deutsche Bank reiterated a buy rating on shares of IMI in a report on Monday, July 29th. Peel Hunt reiterated an add rating on shares of IMI in a report on Monday, July 22nd. Finally, Jefferies Financial Group reiterated a buy rating on shares of IMI in a report on Wednesday, July 24th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of GBX 1,075 ($14.05).

LON:IMI opened at GBX 925.60 ($12.09) on Wednesday. The firm has a market cap of $2.52 billion and a price-to-earnings ratio of 14.60. The company has a current ratio of 1.34, a quick ratio of 0.84 and a debt-to-equity ratio of 91.54. The company’s 50-day moving average is GBX 1,006.24 and its two-hundred day moving average is GBX 987.26. IMI has a 12-month low of GBX 867.50 ($11.34) and a 12-month high of GBX 1,237 ($16.16).

The firm also recently announced a dividend, which will be paid on Friday, September 13th. Investors of record on Thursday, August 8th will be given a dividend of GBX 14.90 ($0.19) per share. This represents a yield of 1.44%. The ex-dividend date is Thursday, August 8th. IMI’s dividend payout ratio (DPR) is presently 0.65%.

About IMI

IMI plc designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Critical Engineering, IMI Precision Engineering, and IMI Hydronic Engineering. The IMI Critical Engineering division offers flow control solutions. It provides valve and actuator systems to LNG compression facilities; integrated flow control systems for fluid catalytic cracking application; valves into ethylene, polypropylene, and delayed coking production processes; actuation systems to operate industrial valves; and turbine by-pass valves for power plants.

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Analyst Recommendations for IMI (LON:IMI)

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