IMI PLC/S (OTCMKTS:IMIAY) Upgraded to Buy by Zacks Investment Research

Zacks Investment Research upgraded shares of IMI PLC/S (OTCMKTS:IMIAY) from a hold rating to a buy rating in a report published on Wednesday, Zacks.com reports. They currently have $25.00 price objective on the stock.

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. “

Separately, UBS Group reissued a neutral rating on shares of IMI PLC/S in a report on Thursday, June 18th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The company has an average rating of Hold and an average target price of $25.00.

OTCMKTS:IMIAY opened at $22.70 on Wednesday. The stock has a 50-day simple moving average of $22.71 and a two-hundred day simple moving average of $23.69. IMI PLC/S has a 52-week low of $22.70 and a 52-week high of $23.38. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 1.37. The firm has a market capitalization of $3.09 billion, a PE ratio of 12.20 and a beta of 0.14.

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