IMI (IMI) Stock Rating Lowered by Liberum Capital

IMI (LON:IMI) was downgraded by equities research analysts at Liberum Capital to a “sell” rating in a research report issued to clients and investors on Thursday.

Several other research analysts have also recently commented on IMI. HSBC upgraded shares of IMI to a “buy” rating and upped their target price for the stock from GBX 1,200 ($15.68) to GBX 1,350 ($17.64) in a research report on Friday, July 13th. Peel Hunt reaffirmed an “add” rating on shares of IMI in a research note on Tuesday, July 31st. Numis Securities reaffirmed an “add” rating and issued a GBX 1,400 ($18.29) price target on shares of IMI in a research note on Wednesday, August 1st. Deutsche Bank reaffirmed a “buy” rating on shares of IMI in a research note on Thursday, August 2nd. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of IMI in a research note on Wednesday, September 5th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 1,247.31 ($16.30).

LON IMI opened at GBX 942 ($12.31) on Thursday. IMI has a 52 week low of GBX 1,093 ($14.28) and a 52 week high of GBX 1,453 ($18.99).

IMI Company Profile

IMI plc designs, manufactures, and services engineered products that control the precise movement of fluids worldwide. The company's IMI Critical Engineering division offers critical flow control solutions. It provides anti-surge valve and actuator systems to liquefied natural gas compression facilities; integrated flow control systems for critical applications in fluid catalytic cracking; valves into the ethylene and polypropylene production processes, as well as delayed coking; actuation systems to operate industrial valves; and turbine by-pass valves for conventional and nuclear power plants.

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Analyst Recommendations for IMI (LON:IMI)

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