Deutsche Bank Reiterates “Buy” Rating for IMI (IMI)

Deutsche Bank reissued their buy rating on shares of IMI (LON:IMI) in a report published on Friday. Deutsche Bank currently has a GBX 1,475 ($19.85) price objective on the stock.

Other analysts have also issued research reports about the stock. Liberum Capital reaffirmed a buy rating and set a GBX 1,460 ($19.65) target price on shares of IMI in a report on Tuesday, December 5th. Barclays reaffirmed an overweight rating and set a GBX 1,428 ($19.22) target price on shares of IMI in a report on Thursday, August 17th. Credit Suisse Group reaffirmed an outperform rating on shares of IMI in a report on Friday, October 13th. Numis Securities lowered shares of IMI to a reduce rating and set a GBX 1,125 ($15.14) target price for the company. in a report on Tuesday, December 5th. Finally, J P Morgan Chase & Co reissued a neutral rating and set a GBX 1,315 ($17.70) price target on shares of IMI in a research report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of GBX 1,298.85 ($17.48).

Shares of IMI (LON IMI) opened at GBX 1,317 ($17.73) on Friday. IMI has a fifty-two week low of GBX 1,004 ($13.51) and a fifty-two week high of GBX 1,325 ($17.83).

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About IMI

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 (LON:IMI)

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