Credit Suisse Group AG started coverage on shares of IMI plc (LON:IMI) in a research report report published on Tuesday. The brokerage issued a neutral rating and a GBX 1,020 ($13.31) price target on the stock.
Several other equities analysts have also weighed in on IMI. Jefferies Group reaffirmed a hold rating and set a GBX 955 ($12.47) price objective on shares of IMI plc in a research report on Monday, August 1st. Societe Generale reaffirmed a hold rating and set a GBX 1,000 ($13.05) price objective on shares of IMI plc in a research report on Monday, August 1st. BNP Paribas reaffirmed a neutral rating and set a GBX 1,000 ($13.05) price objective on shares of IMI plc in a research report on Tuesday, August 2nd. JPMorgan Chase & Co. increased their price target on IMI plc from GBX 880 ($11.49) to GBX 990 ($12.92) and gave the company a neutral rating in a report on Monday, August 1st. Finally, Barclays PLC reiterated an equal weight rating and set a GBX 895 ($11.68) price target on shares of IMI plc in a report on Monday, August 1st. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 957.65 ($12.50).
Shares of IMI plc (LON:IMI) opened at 1080.00 on Tuesday. IMI plc has a one year low of GBX 717.00 and a one year high of GBX 1,111.00. The firm’s market capitalization is GBX 2.93 billion. The firm’s 50 day moving average is GBX 1,072.47 and its 200-day moving average is GBX 997.21.
The business also recently disclosed a dividend, which was paid on Friday, September 16th. Shareholders of record on Thursday, August 11th were issued a dividend of GBX 14 ($0.18) per share. The ex-dividend date was Thursday, August 11th. This represents a dividend yield of 1.31%.
About IMI plc
IMI plc is a United Kingdom-based specialist engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates though the following segments: IMI critical engineering, which provides flow control solutions; IMI precision engineering, which specializes in developing motion and fluid control technologies, and IMI hydronic engineering, which is engaged in designing and manufacturing technologies that delivers heating and cooling systems to the residential and commercial building sectors.
Receive News & Ratings for IMI plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMI plc and related companies with MarketBeat.com's FREE daily email newsletter.