IMI plc (LON:IMI) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of IMI plc (LON:IMI) have been assigned a consensus rating of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 2,670.71.

Several equities research analysts have recently commented on the stock. JPMorgan Chase & Co. upped their target price on shares of IMI from GBX 2,850 to GBX 2,960 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Royal Bank Of Canada lowered shares of IMI to a “sector perform” rating and boosted their price target for the company from GBX 2,475 to GBX 2,500 in a research report on Tuesday, October 14th. Berenberg Bank raised their price objective on shares of IMI from GBX 2,550 to GBX 2,900 and gave the stock a “buy” rating in a report on Thursday, November 6th. Finally, Panmure Gordon reiterated a “buy” rating and issued a GBX 2,760 target price on shares of IMI in a research note on Tuesday, November 25th.

IMI Stock Up 0.1%

Shares of LON:IMI opened at GBX 2,716 on Thursday. The company’s fifty day moving average is GBX 2,523.55 and its two-hundred day moving average is GBX 2,373.78. IMI has a 1-year low of GBX 1,555.96 and a 1-year high of GBX 2,762. The stock has a market capitalization of £6.69 billion, a price-to-earnings ratio of 29.11, a price-to-earnings-growth ratio of 1.12 and a beta of 1.08. The company has a debt-to-equity ratio of 68.33, a quick ratio of 0.80 and a current ratio of 1.36.

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. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index.