Numis Securities reiterated their reduce rating on shares of IMI (LON:IMI) in a research note released on Wednesday morning. Numis Securities currently has a GBX 1,125 ($15.54) price objective on the stock.
A number of other research firms have also weighed in on IMI. Liberum Capital reaffirmed a buy rating and set a GBX 1,460 ($20.17) price target on shares of IMI in a report on Monday, January 22nd. Peel Hunt reaffirmed a hold rating and set a GBX 1,250 ($17.27) price target on shares of IMI in a report on Tuesday, October 31st. Credit Suisse Group raised their price target on shares of IMI from GBX 1,310 ($18.10) to GBX 1,340 ($18.51) and gave the company an outperform rating in a report on Friday, December 15th. Deutsche Bank raised their price target on shares of IMI from GBX 1,170 ($16.16) to GBX 1,285 ($17.75) and gave the company a hold rating in a report on Friday, November 10th. Finally, JPMorgan Chase & Co. reaffirmed a neutral rating and set a GBX 1,315 ($18.17) price target on shares of IMI in a report on Friday, November 10th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of GBX 1,323.75 ($18.29).
Shares of IMI (IMI) opened at GBX 1,262 ($17.44) on Wednesday. The firm has a market cap of $3,430.00 and a price-to-earnings ratio of 2,253.57. IMI has a fifty-two week low of GBX 1,111 ($15.35) and a fifty-two week high of GBX 1,453 ($20.07).
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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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