IMI plc (LON:IMI) Given Consensus Rating of “Moderate Buy” by Brokerages

IMI plc (LON:IMI) has been given an average recommendation of “Moderate Buy” by the seven research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 2,808.57.

Several brokerages have recently issued reports on IMI. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 3,250 price target on shares of IMI in a report on Wednesday, May 13th. JPMorgan Chase & Co. raised their price objective on IMI from GBX 3,050 to GBX 3,300 and gave the stock an “overweight” rating in a research note on Wednesday.

IMI Stock Down 0.4%

Shares of LON:IMI opened at GBX 2,796 on Friday. The company has a 50 day moving average price of GBX 2,833.33 and a two-hundred day moving average price of GBX 2,757.06. The company has a debt-to-equity ratio of 58.04, a quick ratio of 0.80 and a current ratio of 1.50. The company has a market capitalization of £6.62 billion, a PE ratio of 22.58, a PEG ratio of 1.12 and a beta of 1.05. IMI has a 52 week low of GBX 1,802.19 and a 52 week high of GBX 3,848.

IMI Company Profile

IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index.