Roy Twite Purchases 5 Shares of IMI (LON:IMI) Stock

IMI plc (LON:IMI) insider Roy Twite purchased 5 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were purchased at an average cost of GBX 2,854 per share, with a total value of £142.70.

Roy Twite also recently made the following trade(s):

• On Tuesday, May 12th, Roy Twite acquired 6 shares of IMI stock. The stock was purchased at an average price of GBX 2,786 per share, for a total transaction of £167.16.
• On Tuesday, April 14th, Roy Twite acquired 5 shares of IMI stock. The shares were acquired at an average cost of GBX 2,860 per share, for a total transaction of £143.

IMI Stock Up 0.6%

LON IMI traded up GBX 18 during trading on Wednesday, reaching GBX 2,828. The company’s stock had a trading volume of 843,001 shares, compared to its average volume of 11,069,130. The company has a current ratio of 1.50, a quick ratio of 0.80 and a debt-to-equity ratio of 58.04. The stock has a market capitalization of £6.73 billion, a PE ratio of 22.84, a PEG ratio of 1.12 and a beta of 1.05. IMI plc has a 1-year low of GBX 1,802.19 and a 1-year high of GBX 3,848. The business has a 50-day moving average price of GBX 2,762.81 and a 200-day moving average price of GBX 2,683.11.

Wall Street Analyst Weigh In

Several equities analysts have commented on IMI shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 3,250 target price on shares of IMI in a research report on Wednesday, May 13th. JPMorgan Chase & Co. decreased their price target on IMI from GBX 3,100 to GBX 3,050 and set an “overweight” rating for the company in a research note on Wednesday, May 13th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, IMI presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,772.86.

About IMI

IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index.