IMI plc (IMI) Receives Overweight Rating from Barclays PLC

Barclays PLC reissued their overweight rating on shares of IMI plc (LON:IMI) in a report published on Friday morning, MarketBeat reports.

Other analysts have also issued research reports about the stock. Liberum Capital reissued a buy rating and issued a GBX 1,460 ($19.20) price objective on shares of IMI plc in a research report on Friday, July 28th. Peel Hunt boosted their price objective on shares of IMI plc from GBX 1,200 ($15.78) to GBX 1,250 ($16.44) and gave the stock a hold rating in a research report on Thursday, August 31st. Deutsche Bank AG reaffirmed a hold rating and set a GBX 1,170 ($15.39) price target on shares of IMI plc in a research report on Monday, August 7th. Numis Securities Ltd reaffirmed a hold rating and set a GBX 1,300 ($17.10) price target on shares of IMI plc in a research report on Friday, September 29th. Finally, HSBC Holdings plc reaffirmed a hold rating and set a GBX 1,200 ($15.78) price target on shares of IMI plc in a research report on Friday, September 29th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. IMI plc has an average rating of Hold and a consensus target price of GBX 1,287.33 ($16.93).

IMI plc (LON IMI) opened at GBX 1,240 ($16.31) on Friday. IMI plc has a 1-year low of GBX 899.50 ($11.83) and a 1-year high of GBX 1,325 ($17.43).

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IMI plc Company Profile

IMI plc is a United Kingdom-based specialized engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates through IMI Critical Engineering, IMI precision engineering and IMI hydronic engineering segments.

Analyst Recommendations for IMI plc (LON:IMI)

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