Imi Plc (IMIAY) Raised to Buy at Zacks Investment Research

Imi Plc (OTCMKTS:IMIAY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday. The firm presently has a $29.00 price target on the stock. Zacks Investment Research‘s price objective would indicate a potential upside of 11.67% from the company’s previous close.

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. “

Shares of Imi Plc (OTCMKTS IMIAY) opened at $25.97 on Wednesday. Imi Plc has a one year low of $22.34 and a one year high of $29.44.

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