IMI (LON:IMI) Insider Roy Twite Acquires 6 Shares of Stock

IMI plc (LON:IMI) insider Roy Twite purchased 6 shares of IMI stock in a transaction on Tuesday, September 9th. The shares were acquired at an average cost of GBX 2,288 per share, for a total transaction of £137.28.

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

• On Tuesday, August 12th, Roy Twite acquired 7 shares of IMI stock. The shares were acquired at an average price of GBX 2,278 per share, with a total value of £159.46.
• On Tuesday, July 8th, Roy Twite acquired 7 shares of IMI stock. The stock was acquired at an average cost of GBX 2,082 per share, with a total value of £145.74.

IMI Stock Performance

Shares of IMI stock opened at GBX 2,268.59 on Thursday. The company has a current ratio of 1.36, a quick ratio of 0.80 and a debt-to-equity ratio of 68.33. The company has a market cap of £5.59 billion, a PE ratio of 2,431.50, a P/E/G ratio of 1.12 and a beta of 1.08. The company’s fifty day simple moving average is GBX 2,220.97 and its 200-day simple moving average is GBX 2,017.92. IMI plc has a 52 week low of GBX 1,555.96 and a 52 week high of GBX 2,330.

IMI (LON:IMI) last announced its quarterly earnings results on Friday, August 1st. The company reported GBX 56.10 earnings per share for the quarter. IMI had a net margin of 11.46% and a return on equity of 23.85%. As a group, equities research analysts anticipate that IMI plc will post 137.9737609 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on IMI shares. Royal Bank Of Canada increased their target price on IMI from GBX 2,300 to GBX 2,475 and gave the company an “outperform” rating in a research note on Friday, August 1st. JPMorgan Chase & Co. upped their price target on IMI from GBX 2,500 to GBX 2,850 and gave the stock an “overweight” rating in a report on Tuesday, August 19th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 2,450 price objective on shares of IMI in a research report on Friday, August 1st. Jefferies Financial Group boosted their target price on shares of IMI from GBX 2,490 to GBX 2,500 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of IMI from GBX 2,250 to GBX 2,625 and gave the company a “buy” rating in a research note on Friday, August 1st. Six research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 2,575.

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.