Peel Hunt Upgrades IMI (IMI) to Add

IMI (LON:IMI) was upgraded by equities researchers at Peel Hunt to an “add” rating in a note issued to investors on Monday.

Other equities analysts have also recently issued research reports about the company. Numis Securities reiterated a “reduce” rating and set a GBX 1,125 ($15.79) price target on shares of IMI in a report on Wednesday, February 14th. Citigroup reiterated a “neutral” rating and set a GBX 1,360 ($19.09) price target on shares of IMI in a report on Monday, December 18th. Deutsche Bank reiterated a “buy” rating and set a GBX 1,475 ($20.70) price target on shares of IMI in a report on Wednesday, March 14th. JPMorgan Chase reduced their price target on IMI from GBX 1,315 ($18.46) to GBX 1,275 ($17.90) and set a “neutral” rating for the company in a report on Monday, March 5th. Finally, Liberum Capital reiterated a “buy” rating and set a GBX 1,460 ($20.49) price target on shares of IMI in a report on Friday, March 2nd. Ten analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. IMI has an average rating of “Hold” and a consensus target price of GBX 1,316.92 ($18.49).

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IMI stock opened at GBX 1,020 ($14.32) on Monday. IMI has a 52 week low of GBX 1,093 ($15.34) 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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