IMI (LON:IMI)‘s stock had its “neutral” rating reissued by analysts at UBS Group in a research report issued to clients and investors on Tuesday, ThisIsMoney.Co.Uk reports.
IMI has been the topic of several other research reports. Liberum Capital restated a “sell” rating on shares of IMI in a research note on Friday. Credit Suisse Group raised shares of IMI to a “neutral” rating in a report on Thursday, October 17th. Goldman Sachs Group lifted their target price on shares of IMI from GBX 1,061 ($13.96) to GBX 1,250 ($16.44) and gave the company a “buy” rating in a research report on Friday, November 8th. Berenberg Bank upped their target price on shares of IMI from GBX 875 ($11.51) to GBX 915 ($12.04) and gave the company a “sell” rating in a research note on Monday, November 11th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of IMI in a research report on Thursday, December 5th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 1,093.21 ($14.38).
Shares of IMI stock opened at GBX 1,145 ($15.06) on Tuesday. IMI has a one year low of GBX 867.50 ($11.41) and a one year high of GBX 1,157 ($15.22). The company has a debt-to-equity ratio of 91.54, a current ratio of 1.34 and a quick ratio of 0.84. The stock has a fifty day moving average price of GBX 1,081.30 and a 200 day moving average price of GBX 1,007.36. The stock has a market cap of $3.12 billion and a P/E ratio of 18.06.
IMI plc designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Critical Engineering, IMI Precision Engineering, and IMI Hydronic Engineering. The IMI Critical Engineering division offers flow control solutions. It provides valve and actuator systems to LNG compression facilities; integrated flow control systems for fluid catalytic cracking application; valves into ethylene, polypropylene, and delayed coking production processes; actuation systems to operate industrial valves; and turbine by-pass valves for power plants.
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