JPMorgan Chase & Co. Reaffirms Neutral Rating for IMI (IMI)

IMI (LON:IMI)‘s stock had its “neutral” rating reiterated by research analysts at JPMorgan Chase & Co. in a research note issued on Friday. They currently have a GBX 1,315 ($18.47) target price on the stock. JPMorgan Chase & Co.’s price target points to a potential downside of 1.35% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. Deutsche Bank boosted their target price on shares of IMI from GBX 1,170 ($16.43) to GBX 1,285 ($18.05) and gave the stock a “hold” rating in a research report on Friday, November 10th. Citigroup reissued a “neutral” rating and set a GBX 1,360 ($19.10) target price on shares of IMI in a research report on Monday, December 18th. Numis Securities downgraded shares of IMI to a “reduce” rating and set a GBX 1,125 ($15.80) target price for the company. in a research report on Tuesday, December 5th. Liberum Capital reissued a “buy” rating and set a GBX 1,460 ($20.50) target price on shares of IMI in a research report on Tuesday, December 5th. Finally, Barclays reissued an “overweight” rating on shares of IMI in a research report on Friday, November 10th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,323.75 ($18.59).

Shares of IMI (IMI) opened at GBX 1,333 ($18.72) on Friday. The company has a market cap of $3,630.00 and a PE ratio of 2,380.36. IMI has a 52-week low of GBX 1,111 ($15.60) and a 52-week high of GBX 1,453 ($20.40).

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IMI 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.

Analyst Recommendations for IMI (LON:IMI)

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