IMI plc (LON:IMI) Insider Roy Twite Buys 7 Shares

IMI plc (LON:IMI) insider Roy Twite acquired 7 shares of the firm’s stock in a transaction on Tuesday, August 12th. The stock was purchased at an average price of GBX 2,278 ($30.93) per share, for a total transaction of £159.46 ($216.54).

Roy Twite also recently made the following trade(s):

• On Tuesday, July 8th, Roy Twite acquired 7 shares of IMI stock. The stock was purchased at an average price of GBX 2,082 ($28.27) per share, for a total transaction of £145.74 ($197.91).
• On Tuesday, June 10th, Roy Twite acquired 8 shares of IMI stock. The stock was purchased at an average price of GBX 2,042 ($27.73) per share, for a total transaction of £163.36 ($221.84).

IMI Trading Down 0.3%

LON:IMI opened at GBX 2,284 ($31.02) on Thursday. IMI plc has a one year low of GBX 1,555.96 ($21.13) and a one year high of GBX 2,318 ($31.48). The company has a debt-to-equity ratio of 68.33, a current ratio of 1.36 and a quick ratio of 0.80. The company’s 50-day simple moving average is GBX 2,131.80 and its 200 day simple moving average is GBX 1,971.67. The firm has a market capitalization of £5.79 billion, a P/E ratio of 23.40, a PEG ratio of 1.12 and a beta of 1.08.

IMI (LON:IMI) last posted its quarterly earnings data on Friday, August 1st. The company reported GBX 56.10 ($0.76) EPS for the quarter. IMI had a net margin of 11.46% and a return on equity of 23.85%. As a group, analysts forecast that IMI plc will post 137.9737609 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of IMI from GBX 2,250 ($30.55) to GBX 2,625 ($35.65) and gave the company a “buy” rating in a research report on Friday, August 1st. Jefferies Financial Group boosted their price target on shares of IMI from GBX 2,490 ($33.81) to GBX 2,500 ($33.95) and gave the company a “buy” rating in a research report on Thursday, August 7th. Royal Bank Of Canada boosted their price target on shares of IMI from GBX 2,300 ($31.23) to GBX 2,475 ($33.61) and gave the company an “outperform” rating in a research report on Friday, August 1st. Berenberg Bank boosted their price target on shares of IMI from GBX 2,300 ($31.23) to GBX 2,550 ($34.63) and gave the company a “buy” rating in a research report on Wednesday, August 6th. Finally, JPMorgan Chase & Co. boosted their price target on shares of IMI from GBX 2,450 ($33.27) to GBX 2,500 ($33.95) and gave the company an “overweight” rating in a research report on Monday, August 4th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 2,516.67 ($34.18).

About IMI

IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network.