IMI plc (IMI) Insider Acquires £125.82 in Stock

IMI plc (LON:IMI) insider Daniel Shook purchased 9 shares of the business’s stock in a transaction that occurred on Tuesday, January 9th. The shares were purchased at an average price of GBX 1,398 ($18.96) per share, for a total transaction of £125.82 ($170.63).

IMI plc (IMI) opened at GBX 1,443 ($19.57) on Friday. IMI plc has a one year low of GBX 1,053.44 ($14.29) and a one year high of GBX 1,443 ($19.57). The stock has a market cap of $3,930.00 and a P/E ratio of 2,576.79.

Several brokerages recently commented on IMI. Barclays reiterated an “overweight” rating and set a GBX 1,460 ($19.80) price target on shares of IMI in a report on Monday, December 18th. Citigroup restated a “neutral” rating and issued a GBX 1,360 ($18.44) target price on shares of IMI in a research note on Monday, December 18th. Liberum Capital restated a “buy” rating and issued a GBX 1,460 ($19.80) target price on shares of IMI in a research note on Tuesday, December 5th. Deutsche Bank upgraded shares of IMI to a “buy” rating and upped their target price for the stock from GBX 1,285 ($17.43) to GBX 1,475 ($20.00) in a research note on Monday, December 4th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 1,315 ($17.83) target price on shares of IMI in a research note on Friday, November 10th. Two 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. The company has an average rating of “Hold” and an average target price of GBX 1,323.75 ($17.95).

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IMI 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.

Insider Buying and Selling by Quarter for IMI (LON:IMI)

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