Shares of IMI plc (LON:IMI) have been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is GBX 1,086.67 ($14.20).
A number of analysts have recently issued reports on IMI shares. Credit Suisse Group started coverage on shares of Yunji in a research note on Wednesday, July 3rd. They set an “outperform” rating and a $14.50 target price for the company. Morgan Stanley boosted their target price on shares of Visa from $175.00 to $191.00 and gave the company an “overweight” rating in a research note on Thursday, July 11th. Deutsche Bank raised shares of RDS-A from a “hold” rating to a “buy” rating in a research note on Monday, May 13th. Goldman Sachs Group lowered shares of EXPERIAN PLC/ADR from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 10th. Finally, UBS Group boosted their target price on shares of Crowdstrike from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday. They noted that the move was a valuation call.
Shares of IMI traded up GBX 6.80 ($0.09) during trading hours on Tuesday, reaching GBX 991.20 ($12.95). 487,901 shares of the company traded hands, compared to its average volume of 997,118. The stock has a market capitalization of $2.70 billion and a price-to-earnings ratio of 15.88. IMI has a 12-month low of GBX 867.50 ($11.34) and a 12-month 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 stock has a fifty day moving average of GBX 994.03.
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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