IMI (OTCMKTS:IMIAY) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research lowered shares of IMI (OTCMKTS:IMIAY) from a buy rating to a hold rating in a research note issued to investors on Friday, March 9th.

According to Zacks, “IMI PLC is an engineering company. It provides designs, manufactures and services for engineered products which control the movement of fluids. The company primarily serves energy, transportation and infrastructure sector. IMI PLC is headquartered in Birmingham, the United Kingdom. “

Several other research firms have also issued reports on IMIAY. BNP Paribas lowered IMI from an outperform rating to a neutral rating in a research note on Tuesday, February 6th. Societe Generale upgraded IMI from a hold rating to a buy rating in a research report on Tuesday, January 9th. Finally, Bank of America reiterated a neutral rating on shares of IMI in a research report on Tuesday, January 9th.

Shares of IMIAY stock remained flat at $$25.01 during midday trading on Friday. IMI has a 52 week low of $22.34 and a 52 week high of $33.15.

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