Peel Hunt restated their add rating on shares of IMI (LON:IMI) in a report published on Monday morning, ThisIsMoney.Co.Uk reports.
Other analysts also recently issued research reports about the stock. Liberum Capital reiterated a hold rating on shares of Barratt Developments in a report on Thursday, May 9th. Credit Suisse Group began coverage on shares of Yunji in a report on Wednesday, July 3rd. They issued an outperform rating and a $14.50 target price for the company. UBS Group reiterated a buy rating and issued a GBX 285 ($3.72) target price on shares of in a report on Friday, June 21st. Deutsche Bank upgraded shares of RDS-A from a hold rating to a buy rating in a report on Monday, May 13th. Finally, Goldman Sachs Group downgraded shares of to a sell rating and set a GBX 270 ($3.53) target price for the company. in a report on Wednesday, June 5th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of GBX 1,078.33 ($14.09).
IMI stock traded down GBX 9 ($0.12) during trading on Monday, hitting GBX 987.40 ($12.90). The company had a trading volume of 553,675 shares, compared to its average volume of 997,118. IMI has a 1-year low of GBX 867.50 ($11.34) and a 1-year high of GBX 1,268 ($16.57). The company has a current ratio of 1.37, a quick ratio of 0.90 and a debt-to-equity ratio of 80.56. The company has a 50 day simple moving average of GBX 981.80. The stock has a market cap of $2.70 billion and a PE ratio of 15.82.
IMI plc designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Critical Engineering, IMI Precision Engineering, and IMI Hydronic Engineering. The IMI Critical Engineering division offers flow control solutions. It provides valve and actuator systems to LNG compression facilities; integrated flow control systems for fluid catalytic cracking application; valves into ethylene, polypropylene, and delayed coking production processes; actuation systems to operate industrial valves; and turbine by-pass valves for power plants.
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