IMI plc (LON:IMI)‘s stock had its “neutral” rating restated by equities research analysts at J P Morgan Chase & Co in a research note issued on Friday. They presently have a GBX 1,315 ($17.30) price target on the stock. J P Morgan Chase & Co’s price target would suggest a potential upside of 4.37% from the stock’s previous close.
Several other analysts have also recently issued reports on the company. Credit Suisse Group reissued an “outperform” rating on shares of IMI plc in a research note on Friday, July 21st. BNP Paribas reissued an “outperform” rating and issued a GBX 1,450 ($19.07) target price on shares of IMI plc in a research note on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating on shares of IMI plc in a research note on Friday, July 14th. Barclays PLC reissued an “overweight” rating and issued a GBX 1,400 ($18.41) target price on shares of IMI plc in a research note on Monday, July 24th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 1,460 ($19.20) target price on shares of IMI plc in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. IMI plc currently has a consensus rating of “Hold” and an average price target of GBX 1,287.33 ($16.93).
Shares of IMI plc (LON:IMI) opened at GBX 1,260 ($16.57) on Friday. IMI plc has a 12 month low of GBX 899.50 ($11.83) and a 12 month high of GBX 1,325 ($17.43).
IMI plc 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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