IMI (IMI) Given New GBX 1,100 Price Target at Peel Hunt

Share on StockTwits

IMI (LON:IMI) had its target price reduced by Peel Hunt from GBX 1,250 ($16.33) to GBX 1,100 ($14.37) in a research note issued on Thursday. The brokerage currently has an “add” rating on the stock. Peel Hunt’s price target indicates a potential upside of 14.17% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. Credit Suisse Group downgraded shares of IMI to a “neutral” rating and cut their target price for the company from GBX 1,340 ($17.51) to GBX 1,250 ($16.33) in a research note on Friday, October 5th. BNP Paribas downgraded shares of IMI to an “underperform” rating and cut their target price for the company from GBX 1,150 ($15.03) to GBX 1,000 ($13.07) in a research note on Tuesday, September 18th. UBS Group reiterated a “neutral” rating on shares of IMI in a research note on Friday, September 14th. Liberum Capital downgraded shares of IMI to a “sell” rating in a research note on Thursday, November 8th. Finally, Morgan Stanley cut their target price on shares of IMI from GBX 1,290 ($16.86) to GBX 1,240 ($16.20) and set an “overweight” rating for the company in a research note on Wednesday, December 5th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,167 ($15.25).

IMI stock opened at GBX 963.50 ($12.59) on Thursday. IMI has a one year low of GBX 1,093 ($14.28) and a one year high of GBX 1,453 ($18.99).

IMI Company Profile

IMI plc designs, manufactures, and services engineered products that control the precise movement of fluids worldwide. The company's IMI Critical Engineering division offers critical flow control solutions. It provides anti-surge valve and actuator systems to liquefied natural gas compression facilities; integrated flow control systems for critical applications in fluid catalytic cracking; valves into the ethylene and polypropylene production processes, as well as delayed coking; actuation systems to operate industrial valves; and turbine by-pass valves for conventional and nuclear power plants.

Recommended Story: The Role of a Fiduciary and Individual Investors

Analyst Recommendations for IMI (LON:IMI)

Receive News & Ratings for IMI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMI and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Microsoft Co.  Stake Decreased by Cornerstone Investment Partners LLC
Microsoft Co. Stake Decreased by Cornerstone Investment Partners LLC
BlackRock Inc. Has $30.73 Million Holdings in Minerva Neurosciences Inc
BlackRock Inc. Has $30.73 Million Holdings in Minerva Neurosciences Inc
Cisco Systems, Inc.  Shares Bought by CMH Wealth Management LLC
Cisco Systems, Inc. Shares Bought by CMH Wealth Management LLC
KeyCorp Analysts Decrease Earnings Estimates for Brixmor Property Group Inc
KeyCorp Analysts Decrease Earnings Estimates for Brixmor Property Group Inc
Analysts Issue Forecasts for Horiba Ltd’s FY2019 Earnings
Analysts Issue Forecasts for Horiba Ltd’s FY2019 Earnings
AQR Capital Management LLC Has $1.60 Million Holdings in Innospec Inc.
AQR Capital Management LLC Has $1.60 Million Holdings in Innospec Inc.


Leave a Reply

© 2006-2019 Ticker Report