Insider Buying: IMI plc (IMI) Insider Acquires 10 Shares of Stock

IMI plc (LON:IMI) insider Mark W. Selway bought 10 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The stock was bought at an average price of GBX 1,252 ($16.47) per share, with a total value of £125.20 ($164.67).

IMI plc (LON IMI) traded down GBX 17 ($0.22) during trading on Wednesday, hitting GBX 1,230 ($16.18). 853,362 shares of the stock traded hands, compared to its average volume of 528,134. IMI plc has a 1-year low of GBX 899.50 ($11.83) and a 1-year high of GBX 1,325 ($17.43).

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Several analysts recently weighed in on IMI shares. Credit Suisse Group reiterated an “outperform” rating on shares of IMI plc in a report on Friday, July 21st. BNP Paribas reiterated an “outperform” rating and issued a GBX 1,450 ($19.07) target price on shares of IMI plc in a report on Tuesday, July 18th. J P Morgan Chase & Co lifted their target price on shares of IMI plc from GBX 1,200 ($15.78) to GBX 1,315 ($17.30) and gave the company a “neutral” rating in a report on Monday, July 31st. Barclays PLC reiterated an “overweight” rating and issued a GBX 1,400 ($18.41) target price on shares of IMI plc in a report on Monday, July 24th. Finally, Peel Hunt reissued a “hold” rating and issued a GBX 1,250 ($16.44) price target on shares of IMI plc in a research report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company’s stock. IMI plc has a consensus rating of “Hold” and an average target price of GBX 1,287.33 ($16.93).

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.

Insider Buying and Selling by Quarter for IMI plc (LON:IMI)

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