IMI (LON:IMI)‘s stock had its “neutral” rating reiterated by research analysts at BNP Paribas in a research report issued on Thursday.
A number of other research firms also recently weighed in on IMI. Liberum Capital reissued a “buy” rating and set a GBX 1,460 ($20.49) target price on shares of IMI in a research report on Monday, January 22nd. Numis Securities reissued a “reduce” rating and set a GBX 1,125 ($15.79) target price on shares of IMI in a research report on Wednesday, February 14th. Citigroup decreased their target price on shares of IMI from GBX 1,360 ($19.09) to GBX 1,260 ($17.69) and set a “neutral” rating for the company in a research report on Monday, March 12th. Credit Suisse Group increased their target price on shares of IMI from GBX 1,310 ($18.39) to GBX 1,340 ($18.81) and gave the company an “outperform” rating in a research report on Friday, December 15th. Finally, Peel Hunt reissued a “hold” rating and set a GBX 1,250 ($17.55) target price on shares of IMI in a research report on Monday, January 22nd. Ten analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. IMI has a consensus rating of “Hold” and a consensus target price of GBX 1,316.92 ($18.49).
IMI stock opened at GBX 1,024 ($14.37) on Thursday. IMI has a 1 year low of GBX 1,093 ($15.34) and a 1 year high of GBX 1,453 ($20.40).
IMI Company Profile
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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