Morgan Stanley Lowers IMI (IMI) Price Target to GBX 1,250

IMI (LON:IMI) had its target price lowered by Morgan Stanley from GBX 1,260 ($17.41) to GBX 1,250 ($17.27) in a research report report published on Tuesday morning. Morgan Stanley currently has an equal weight rating on the stock.

A number of other equities analysts have also weighed in on IMI. Liberum Capital reiterated a buy rating and set a GBX 1,460 ($20.17) target price on shares of IMI in a research report on Thursday, November 9th. Barclays reiterated an overweight rating on shares of IMI in a research report on Friday, November 10th. Deutsche Bank increased their target price on shares of IMI from GBX 1,170 ($16.16) to GBX 1,285 ($17.75) and gave the stock a hold rating in a research report on Friday, November 10th. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 1,315 ($18.17) target price on shares of IMI in a research report on Friday, November 10th. Finally, Numis Securities lowered shares of IMI to a reduce rating and set a GBX 1,125 ($15.54) target price for the company. in a research report on Tuesday, December 5th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. IMI presently has an average rating of Hold and a consensus target price of GBX 1,320.77 ($18.25).

IMI (IMI) opened at GBX 1,102 ($15.23) on Tuesday. The firm has a market cap of $3,000.00 and a PE ratio of 2,079.25. IMI has a 1 year low of GBX 1,096 ($15.14) and a 1 year high of GBX 1,453 ($20.07).

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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.

Analyst Recommendations for IMI (LON:IMI)

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