Zacks Investment Research upgraded shares of IMI PLC/S (OTCMKTS:IMIAY) from a sell rating to a hold rating in a research report released on Wednesday morning.
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. “
Other analysts have also recently issued reports about the company. Credit Suisse Group cut IMI PLC/S from a neutral rating to an underperform rating in a report on Friday, December 7th. Royal Bank of Canada assumed coverage on IMI PLC/S in a report on Tuesday, November 20th. They set a sector perform rating on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $36.00.
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