Zacks Investment Research lowered shares of IMI PLC/S (OTCMKTS:IMIAY) from a hold rating to a sell rating in a research note issued to investors on Wednesday morning.
According to Zacks, “IMI PLC is an engineering company. It provides designs, manufactures and services for engineered products which control the movement of fluids. The company primarily serves energy, transportation and infrastructure sector. IMI PLC is headquartered in Birmingham, the United Kingdom. “
Several other equities research analysts have also recently commented on the stock. Credit Suisse Group cut shares of IMI PLC/S from a neutral rating to an underperform rating in a research report on Friday, December 7th. Royal Bank of Canada initiated coverage on shares of IMI PLC/S in a research report on Tuesday, November 20th. They issued a sector perform rating for the company. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. IMI PLC/S has an average rating of Hold.
Shares of IMI PLC/S stock opened at $31.48 on Wednesday. IMI PLC/S has a 52 week low of $22.34 and a 52 week high of $33.15.
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