Zacks Investment Research Lowers IMI (IMIAY) to Hold

Zacks Investment Research downgraded shares of IMI (OTCMKTS:IMIAY) from a buy rating to a hold rating in a research report released on Wednesday.

According to Zacks, “IMI PLC is an engineering company. It provides designs, manufactures and services for engineered products which control the movement of fluids. The company primarily serves energy, transportation and infrastructure sector. IMI PLC is headquartered in Birmingham, the United Kingdom. “

IMIAY has been the subject of several other reports. Societe Generale upgraded IMI from a hold rating to a buy rating in a research note on Tuesday. Bank of America restated a neutral rating on shares of IMI in a research note on Tuesday.

IMI (IMIAY) opened at $25.97 on Wednesday. IMI has a 52 week low of $22.34 and a 52 week high of $29.44.

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