Goldman Sachs Group reissued their neutral rating on shares of IMI (LON:IMI) in a report released on Monday.
IMI has been the topic of several other reports. Liberum Capital reissued a buy rating and issued a GBX 1,460 ($19.44) target price on shares of IMI in a report on Friday, March 2nd. Peel Hunt reissued a hold rating and issued a GBX 1,250 ($16.64) target price on shares of IMI in a report on Friday, March 2nd. Deutsche Bank reissued a buy rating on shares of IMI in a report on Tuesday, May 15th. Numis Securities raised IMI to a hold rating and set a GBX 1,125 ($14.98) target price on the stock in a report on Monday, March 5th. Finally, HSBC reissued a hold rating and issued a GBX 1,200 ($15.98) target price on shares of IMI in a report on Wednesday, March 28th. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of GBX 1,319.23 ($17.56).
IMI stock opened at GBX 1,144 ($15.23) on Monday. IMI has a 1 year low of GBX 1,093 ($14.55) and a 1 year high of GBX 1,453 ($19.34).
In other news, insider Roy Twite sold 2,451 shares of the business’s stock in a transaction on Thursday, May 10th. The stock was sold at an average price of GBX 1,087 ($14.47), for a total value of £26,642.37 ($35,471.14). Insiders bought 34 shares of company stock valued at $37,296 in the last 90 days.
IMI Company Profile
IMI plc designs, manufactures, and services engineered products that control the precise movement of fluids worldwide. The company's IMI Critical Engineering division offers critical flow control solutions. It provides anti-surge valve and actuator systems to liquefied natural gas compression facilities; integrated flow control systems for critical applications in fluid catalytic cracking; valves into the ethylene and polypropylene production processes, as well as delayed coking; actuation systems to operate industrial valves; and turbine by-pass valves for conventional and nuclear power plants.
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