IMI plc (IMI) Given Consensus Rating of “Hold” by Brokerages
IMI plc (LON:IMI) has been assigned an average rating of “Hold” from the thirteen analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 1,279.36 ($16.97).
Several analysts have issued reports on the company. Credit Suisse Group reissued an “outperform” rating on shares of IMI plc in a research note on Friday, July 21st. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of IMI plc in a research report on Monday, July 24th. Barclays PLC reiterated an “overweight” rating and set a GBX 1,400 ($18.57) price objective on shares of IMI plc in a report on Monday, July 24th. BNP Paribas reiterated an “outperform” rating and set a GBX 1,450 ($19.23) price objective on shares of IMI plc in a report on Tuesday, July 18th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 1,460 ($19.37) target price on shares of IMI plc in a research report on Friday, July 28th.
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IMI plc (IMI) traded up 0.49% during mid-day trading on Wednesday, hitting GBX 1232.00. 392,626 shares of the company traded hands. The company’s 50-day moving average price is GBX 1,159.56 and its 200 day moving average price is GBX 1,216.58. IMI plc has a one year low of GBX 891.50 and a one year high of GBX 1,325.00. The company’s market capitalization is GBX 3.34 billion.
The business also recently declared a dividend, which was paid on Friday, September 15th. Investors of record on Thursday, August 10th were given a dividend of GBX 14.20 ($0.19) per share. The ex-dividend date was Thursday, August 10th. This represents a yield of 1.17%.
IMI plc Company Profile
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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