IMI plc (LON:IMI) has been given a consensus recommendation of “Hold” by the twenty ratings firms that are covering the firm. Two investment analysts have rated the stock with a sell recommendation, seventeen have issued a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 957.65 ($12.50).
A number of equities research analysts have commented on IMI shares. Morgan Stanley increased their price target on IMI plc from GBX 970 ($12.66) to GBX 1,080 ($14.10) and gave the company an “equal weight” rating in a research note on Friday, August 5th. Barclays PLC reiterated an “equal weight” rating and issued a GBX 895 ($11.68) price target on shares of IMI plc in a research note on Monday, August 1st. Jefferies Group reiterated a “hold” rating and issued a GBX 955 ($12.47) price target on shares of IMI plc in a research note on Monday, August 1st. HSBC reiterated a “hold” rating and issued a GBX 1,000 ($13.05) price target on shares of IMI plc in a research note on Tuesday, August 16th. Finally, Numis Securities Ltd reiterated a “hold” rating and issued a GBX 1,000 ($13.05) price target on shares of IMI plc in a research note on Friday, August 12th.
IMI plc (LON:IMI) opened at 1091.00 on Thursday. IMI plc has a 52-week low of GBX 717.00 and a 52-week high of GBX 1,111.00. The stock’s market capitalization is GBX 2.96 billion. The stock’s 50 day moving average price is GBX 1,074.03 and its 200-day moving average price is GBX 1,004.98.
The firm also recently disclosed a dividend, which was paid on Friday, September 16th. Shareholders of record on Thursday, August 11th were issued a GBX 14 ($0.18) dividend. This represents a yield of 1.31%. The ex-dividend date was Thursday, August 11th.
About IMI plc
IMI plc is a United Kingdom-based specialist engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates though the following segments: IMI critical engineering, which provides flow control solutions; IMI precision engineering, which specializes in developing motion and fluid control technologies, and IMI hydronic engineering, which is engaged in designing and manufacturing technologies that delivers heating and cooling systems to the residential and commercial building sectors.
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