IMI plc (LON:IMI)‘s stock had its “outperform” rating reaffirmed by analysts at Credit Suisse Group in a research report issued to clients and investors on Friday.
A number of other equities research analysts also recently weighed in on the company. BNP Paribas restated an “outperform” rating and set a GBX 1,450 ($19.06) price target on shares of IMI plc in a research report on Tuesday, July 18th. Deutsche Bank AG restated a “hold” rating on shares of IMI plc in a research report on Monday, July 10th. J P Morgan Chase & Co raised their price target on IMI plc from GBX 1,200 ($15.78) to GBX 1,315 ($17.29) and gave the company a “neutral” rating in a research report on Monday, July 31st. Goldman Sachs Group, Inc. (The) restated a “neutral” rating on shares of IMI plc in a research report on Friday, July 14th. Finally, Barclays PLC restated an “overweight” rating and set a GBX 1,400 ($18.41) price target on shares of IMI plc in a research report on Monday, July 24th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 1,259.46 ($16.56).
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About IMI plc
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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