IMI (LON:IMI) Rating Reiterated by Goldman Sachs Group

Goldman Sachs Group reiterated their buy rating on shares of IMI (LON:IMI) in a report published on Wednesday morning, ThisIsMoney.Co.Uk reports.

Other equities research analysts also recently issued reports about the stock. Credit Suisse Group initiated coverage on shares of Yunji in a research note on Wednesday, July 3rd. They set an outperform rating and a $14.50 target price on the stock. UBS Group reaffirmed a buy rating and set a GBX 285 ($3.72) target price on shares of in a research note on Friday, June 21st. Deutsche Bank raised shares of RDS-A from a hold rating to a buy rating in a research note on Monday, May 13th. Peel Hunt reaffirmed a buy rating on shares of Lookers in a research note on Monday, July 8th. Finally, Liberum Capital reaffirmed a hold rating on shares of Barratt Developments in a research note on Thursday, May 9th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of GBX 1,078.33 ($14.09).

IMI stock opened at GBX 991 ($12.95) on Wednesday. The company has a 50 day moving average of GBX 983.87. The stock has a market cap of $2.70 billion and a P/E ratio of 15.88. IMI has a 1 year low of GBX 867.50 ($11.34) and a 1 year high of GBX 1,268 ($16.57). The company has a quick ratio of 0.90, a current ratio of 1.37 and a debt-to-equity ratio of 80.56.

About IMI

IMI plc designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Critical Engineering, IMI Precision Engineering, and IMI Hydronic Engineering. The IMI Critical Engineering division offers flow control solutions. It provides valve and actuator systems to LNG compression facilities; integrated flow control systems for fluid catalytic cracking application; valves into ethylene, polypropylene, and delayed coking production processes; actuation systems to operate industrial valves; and turbine by-pass valves for power plants.

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Analyst Recommendations for IMI (LON:IMI)

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