IMI plc (IMI) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt restated their hold rating on shares of IMI plc (LON:IMI) in a report released on Tuesday morning. They currently have a GBX 1,250 ($16.50) target price on the stock.

Several other equities research analysts have also weighed in on the company. Credit Suisse Group reissued an outperform rating on shares of IMI plc in a research note on Friday, July 21st. BNP Paribas reissued an outperform rating and set a GBX 1,450 ($19.13) price objective on shares of IMI plc in a research note on Tuesday, July 18th. Deutsche Bank AG restated a hold rating on shares of IMI plc in a report on Monday, July 10th. J P Morgan Chase & Co increased their target price on IMI plc from GBX 1,200 ($15.84) to GBX 1,315 ($17.35) and gave the company a neutral rating in a report on Monday, July 31st. Finally, Goldman Sachs Group, Inc. (The) restated a neutral rating on shares of IMI plc in a report on Friday, July 14th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. IMI plc presently has an average rating of Hold and an average price target of GBX 1,259.46 ($16.62).

Shares of IMI plc (IMI) opened at GBX 1,273 ($16.80) on Tuesday.

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IMI plc 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.

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