IMI plc (LON:IMI) Stock Has Consensus Target Price of GBX 3,171.67 According to Brokerages

by · The Cerbat Gem

IMI plc (LON:IMI – Get Free Report) has received a consensus rating of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 3,171.67.

A number of research firms have issued reports on IMI. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,380 target price on shares of IMI in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft lifted their price objective on IMI from GBX 3,250 to GBX 3,440 and gave the company a “buy” rating in a report on Monday, August 3rd. Berenberg Bank reiterated a “buy” rating and issued a GBX 3,300 price objective on shares of IMI in a research report on Wednesday, August 5th. JPMorgan Chase & Co. increased their target price on IMI from GBX 3,050 to GBX 3,300 and gave the stock an “overweight” rating in a research note on Wednesday, July 8th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,850 target price on shares of IMI in a report on Friday, July 31st.

Get Our Latest Stock Report on IMI

IMI Trading Up 0.3%

Shares of IMI opened at GBX 3,120 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 1.30 and a debt-to-equity ratio of 80.30. IMI has a 12-month low of GBX 1,802.19 and a 12-month high of GBX 3,848. The firm has a market capitalization of £7.37 billion, a PE ratio of 22.99, a price-to-earnings-growth ratio of 1.12 and a beta of 1.04. The stock’s fifty day simple moving average is GBX 3,052.49 and its 200-day simple moving average is GBX 2,883.23.

IMI (LON:IMI – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The company reported GBX 63.40 earnings per share (EPS) for the quarter. IMI had a net margin of 14.09% and a return on equity of 32.41%. As a group, research analysts predict that IMI will post 137.9737609 earnings per share for the current year.

About IMI

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IMI is a global leader in fluid and motion control, engineering bespoke solutions that enhance safety, productivity and sustainability across critical industries in energy, automation and healthcare. We work in close partnership with customers to design, build and service high-performance valves, actuators and control systems that solve complex engineering challenges.

Our solutions are a small part of our customers’ systems – but they play a critical role in how those systems perform. By combining deep technical expertise with real customer insight, we deliver solutions that are precisely engineered for impact.

Through our One IMI model, we combine commercial excellence, market-led innovation and continuous improvement to scale what works across the business.

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