Morgan Stanley restated their overweight rating on shares of IMI (LON:IMI) in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.
Other equities research analysts also recently issued research reports about the stock. Liberum Capital reiterated a hold rating on shares of Barratt Developments in a research note on Thursday, May 9th. Deutsche Bank upgraded shares of RDS-A from a hold rating to a buy rating in a research note on Monday, May 13th. Peel Hunt reiterated a buy rating on shares of Lookers in a research note on Monday, July 8th. UBS Group reiterated a buy rating and set a GBX 285 ($3.72) price target on shares of in a research note on Friday, June 21st. Finally, Goldman Sachs Group downgraded shares of EXPERIAN PLC/ADR from a buy rating to a neutral rating in a research note on Wednesday. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of GBX 1,078.33 ($14.09).
Shares of IMI stock opened at GBX 991 ($12.95) on Thursday. IMI has a 1 year low of GBX 867.50 ($11.34) and a 1 year high of GBX 1,268 ($16.57). The business’s fifty day moving average is GBX 983.87. The company has a market capitalization of $2.70 billion and a price-to-earnings ratio of 15.88. The company has a debt-to-equity ratio of 80.56, a current ratio of 1.37 and a quick ratio of 0.90.
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.
Recommended Story: Net Asset Value
Receive News & Ratings for IMI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMI and related companies with MarketBeat.com's FREE daily email newsletter.